Karina_Bella

EURUSD: Exceeds weekly high

FX:EURUSD   Euro / U.S. Dollar
Hello everyone, it's great to see you all again for our conversation today!

Currently, EURUSD has regained the level of 1.10 and is temporarily consolidating above the resistance level at 1.10051.

A correction is expected to occur, and the prospects for this currency pair are to utilize the new support level to continue establishing an upward trend. In the case of an upward movement, 1.1040 is considered the next resistance level before 1.1100 (psychological level, static level), and 1.1150.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.