EURUSD : The upward momentum continues to be supported
Greetings to all Traders! Today, the EURUSD pair continues its upward trend, maintaining a strong position above the 1.084 level during the early trading hours of Tuesday.
As long as the EUR/USD remains above the 34 and 89 Simple Moving Averages (EMAs), the outlook for this currency pair remains constructive.
Looking at the 4-hour chart, a gradual return to higher levels appears to be unfolding. The next resistance levels to watch are 1.0888, followed by 1.0897, and then 1.0932.
As long as the EUR/USD remains above the 34 and 89 Simple Moving Averages (EMAs), the outlook for this currency pair remains constructive.
Looking at the 4-hour chart, a gradual return to higher levels appears to be unfolding. The next resistance levels to watch are 1.0888, followed by 1.0897, and then 1.0932.
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