Expert Analysis on the EUR/USD Pair: Will the Pair Move Up Towards 1.0900?

Tuesday, 20 February 2024, 12:39
Scotiabank experts foresee a possible upward movement for the EUR/USD pair, with a target near 1.0900. The pair has bounced back above the 1.0800 level, as analyzed by economists. Traders and investors should closely monitor the developments as the pair shows signs of a bullish momentum.
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Expert Analysis on the EUR/USD Pair: Will the Pair Move Up Towards 1.0900?

EUR/USD: A Squeeze Higher Towards 1.0900

EUR/USD has reclaimed the 1.0800 level, introducing the potential for an upward push towards 1.0900, as predicted by Scotiabank. Analysts suggest that a bullish trend may be developing, offering opportunities for traders.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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