Category: Forex News, News
EUR/USD, GBP/USD, DXY Forecast: DXY at 105.80; EUR, GBP to Trade Bullish Today?
EUR/USD is trading at $1.07127, up 0.03%. The pivot point is $1.07109, marked by the green line. Immediate resistance levels are at $1.07381, $1.07597, and $1.07817, suggesting potential upward movement.
On the downside, immediate support is found at $1.06865, with further support at $1.06678 and $1.06479. The 50-day Exponential Moving Average (EMA) stands at $1.07342, while the 200-day EMA is at $1.07802.
These technical indicators suggest a bullish outlook above $1.07109. However, a break below this level could trigger a sharp selling trend.
GBP/USD Technical Forecast
Written by : Editorial team of BIPNs
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