EURUSD: Maintain the trend of sideway
Hello dear friends, As predicted by Karina yesterday, the prolonged weakness of the US dollar, following the Fed's extended pause and Chairman Powell's non-committal stance, has increased risk sentiment and weighed on the US dollar along with US Treasury bond yields.
However, EURUSD has not experienced significant volatility and will continue to trade around the 34 and 89 ema levels. The current support level remains at 1.053 and the resistance level remains at 1.064. The sideways trend will continue to be maintained in the near future.
However, EURUSD has not experienced significant volatility and will continue to trade around the 34 and 89 ema levels. The current support level remains at 1.053 and the resistance level remains at 1.064. The sideways trend will continue to be maintained in the near future.
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