EUR/USD Rebounds as Euro Trades Above 1.0700 Amid Calm Day
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#1b154c83 ver:0.3
The EUR/USD currency pair rebounds above 1.0700 as the Euro gains momentum and the US Dollar weakens. Technical indicators suggest more upside potential, with resistance at 1.0730 and 1.0750. However, the Euro may struggle to move higher without positive surprises in European data. Upside risks exist due to high expectations for US economic data, and breaking above the resistance zone at 1.0800 could lead to further gains. Buying dips or breaks is preferred in the current market conditions. #EURUSD #forex #trading...
#newstr #Eur/usd #UsEconomicData #Forex #CurrencyTrading
https://here.news/story/1b154c83?ver=0.3