Mark804

EurUsd sell

Short
Mark804 Updated   
OANDA:EURUSD   Euro / U.S. Dollar
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.

The strong U-turn in the Greenback sponsored an equally marked retracement in EUR/USD to the sub-1.0900 region, or weekly lows, allowing further weakness to potentially test the 200-day SMA in the 1.0840-1.0835 band.

The breakout of the March peak of 1.0981 (March 8) may drive EUR/USD to test the weekly high of 1.0998 (January 11), which strengthens the psychological barrier of 1.1000 and comes ahead of the December 2023 peak of 1.1139 (December 28). confirm trade
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