EUR/USD Technical Analysis: Anticipating a Breakout above Key Resistance Levels
Wednesday, 17 July 2024, 08:21
EUR/USD Technical Analysis by UOB Group
In a recent assessment by UOB Group, the Euro (EUR) shows potential for a breakout above the 1.0875/1.0915 range, indicating a bullish stance. Traders are advised to be watchful for an uptrend.
- Key Insight: Euro (EUR) likely to surpass resistance levels
Implications for Trading
This forecast may result in a positive movement for the EUR/USD pair, with an upward bias expected.
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.