EURUSD Price Update – Clean & Clear Explanation
EUR/USD is currently trading under short-term bearish pressure, but price is approaching a major key support zone around 1.1528–1.1532, where buyers could step back into the market.
EUR/USD is currently trading under short-term bearish pressure, but price is approaching a major key support zone around 1.1528–1.1532, where buyers could step back into the market.
Price has been moving in a bullish direction since June 30 and has now reached a key neckline around 0.7095. Based on the current momentum, price may attempt a breakout above this level.