EUR/USD posts modest gains around 1.1070
Hi everyone!
Today, let's discuss the EURUSD together!
Last week, the EURUSD made a breakout by surpassing the resistance level at 1.100 and quickly reached the peak at 1.11, as we expected. However, yesterday a correction or price action occurred, and now this currency pair is trading around the 1.107 level.
Despite that, the upward momentum will still be reinforced and supported as long as this pair remains above a strong support level. Corrections are normal and necessary, so Karina still believes in the potential for price increase in this currency pair.
What are your thoughts on the EURUSD trend today and in 2024?
Today, let's discuss the EURUSD together!
Last week, the EURUSD made a breakout by surpassing the resistance level at 1.100 and quickly reached the peak at 1.11, as we expected. However, yesterday a correction or price action occurred, and now this currency pair is trading around the 1.107 level.
Despite that, the upward momentum will still be reinforced and supported as long as this pair remains above a strong support level. Corrections are normal and necessary, so Karina still believes in the potential for price increase in this currency pair.
What are your thoughts on the EURUSD trend today and in 2024?
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