Potential to increase EURUSD?
Updated
Greetings, traders!
Following a substantial reduction, the EURUSD pair concluded its session at a low of 1.045 and is presently being traded at 1.058.
Examining the technical analysis on the H4 timeframe for EURUSD reveals an upward trend, suggesting that there is potential for further price appreciation in the near future. As long as this currency pair continues to maintain its current upward movement, it is highly probable that it will experience strong buying pressure around the 1.065 and subsequently 1.073 price levels.
Following a substantial reduction, the EURUSD pair concluded its session at a low of 1.045 and is presently being traded at 1.058.
Examining the technical analysis on the H4 timeframe for EURUSD reveals an upward trend, suggesting that there is potential for further price appreciation in the near future. As long as this currency pair continues to maintain its current upward movement, it is highly probable that it will experience strong buying pressure around the 1.065 and subsequently 1.073 price levels.
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