EURUSD SELL ZONE

EUR/USD climbs to multi-week highs above 1.0900EUR/USD extended its daily rally and touched its highest level since late January above 1.0900 on Wednesday. The broad-based selling pressure surrounding the US Dollar during Fed Chairman Powell's testimony fuels the pair's upside.EUR/USD may now see successive weekly peaks of 1.0932 (January 24) and 1.0998 (January 11), all before the psychological barrier of 1.1000 and prior to the December 2023 high of 1.1139 (December 28).EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles.Transitioning our focus away from fundamentals, the next section of this article will concentrate on evaluating the technical outlook for three major FX pairs: EUR/USD, GBP/USD and USD/CAD. Our analysis will center on interpreting price action dynamics and identifying critical levels that could act as support or resistance in the upcoming trading sessions. confirm chart