EUR/USD on the Move: Societe Generale's Insight

Monday, 15 July 2024, 11:14
EUR/USD is steadily approaching the significant resistance levels of 1.0915 and 1.0980 as observed by experts at Societe Generale. This movement follows a bounce beyond the 200-day moving average, indicating potential challenges ahead. Stay informed with valuable insights provided by Societe Generale FX strategists for strategic decision-making.
Fxstreet
EUR/USD on the Move: Societe Generale's Insight

EUR/USD Forecast

EUR/USD is trending towards the June peak of 1.0915/1.0980, noted by Societe Generale.

Key Points:

  • Resistance Levels: 1.0915 and 1.0980
  • Bounce Beyond 200-DMA
  • Important Hurdle Ahead

Monitor the ongoing movements in the EUR/USD pair for potential trading opportunities.

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.

Related posts

Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe