Forex Analysis by Investing.com (Günay Caymaz) covering: EUR/USD, GBP/USD, USD/JPY, US Dollar Index Futures. Read Investing.com (Günay Caymaz)'s latest article on Investing.com
Furthermore, the lower-than-anticipated
In case of a weekly close above this region, it is likely to move towards the 106 - 108 band in the short term. This move would support the uptrend originating in July, subject to the condition that the lower peak formation is broken. For the next target zone, we can see that the 110 - 113 level may be on the agenda.Short-term EMA values also have the ideal alignment to support the bullish outlook on the daily chart.
Today, the closest resistance for EUR/USD is observed as 1.0672, while the weak course of the Euro against the dollar will remain valid unless the second resistance level in the 1.073 region is passed just above it.
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