EUR/USD Finishes Strong as Positive U.S. Data Boosts Sentiment

Sunday, 14 July 2024, 09:12
The EUR/USD pair showed a strong finish near 1.09043 following positive U.S. data, signaling a bullish trend. Key levels to watch for are resistance at 1.09650 and support at 1.08400, especially with the upcoming ECB meeting. Traders are advised to monitor these levels closely for potential trading opportunities.
Dailyforex
EUR/USD Finishes Strong as Positive U.S. Data Boosts Sentiment

EUR/USD Weekly Forecast

The EUR/USD pair surged higher near 1.09043 driven by positive U.S. data, indicating bullish sentiment.

Key Resistance and Support Levels

  • Resistance: 1.09650
  • Support: 1.08400

Traders should focus on these levels with the upcoming ECB meeting having a potential impact on the pair's direction.

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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