EUR/USD continues to change the chart near 1.0850
Today, the EURUSD continues to trade in an upward trend.
Currently, the absence of significant catalysts on Tuesday has had little impact on the direction of this currency pair, especially after the US Durable Goods Orders for January declined more than expected. The market's focus is now on the release of the latest US Gross Domestic Product (GDP) data later today.
From the H4 chart, it is evident that the support level at 1.081 is acting as a catalyst for this currency pair. As long as it maintains this stability, there is potential for price increase with a target of 1.090.
Currently, the absence of significant catalysts on Tuesday has had little impact on the direction of this currency pair, especially after the US Durable Goods Orders for January declined more than expected. The market's focus is now on the release of the latest US Gross Domestic Product (GDP) data later today.
From the H4 chart, it is evident that the support level at 1.081 is acting as a catalyst for this currency pair. As long as it maintains this stability, there is potential for price increase with a target of 1.090.
Trade active
Trade active
Trade closed: target reached
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