EURUSD: Decreasing but increasing momentum remains the same

ที่อัปเดต:
Hello dear friends! Do you think EURUSD can continue to rise?

Today, the EURUSD currency pair is trading around the 1.097 level, struggling to reach above 1.1000. However, weaker-than-expected inflation data from Germany and Spain are weighing on the Euro.

Despite the pullback, the overall trend still leans towards an upward direction, with a trendline forming and the EMA 34 and 89 indicating price appreciation for this currency pair.

Regarding the outlook: The greenback is still vulnerable to US data, which is a key factor for the recovery of EURUSD. A solid breakthrough below the 1.0960 level would indicate further downside, with the next support level near the EMA 89 at 1.090. The ultimate target remains conquering the 1.10x level.
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บันทึกช่วยจำ
Goal 1 has been achieved
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