EUR/USD Price Analysis: Recovery targets 1.0700 – Crypto News – Crypto News
Connect with us
EUR/USD regains the smile and advances beyond 0.9900 EUR/USD regains the smile and advances beyond 0.9900

others

EUR/USD Price Analysis: Recovery targets 1.0700 – Crypto News

Published

on

Share:

–           EUR/USD manages to regain upside traction on Friday.

–           Further gains could revisit the 1.0700 region sooner rather than later.

EUR/USD leaves behind part of the recent three-day negative streak and approaches the 1.0700 zone.

In case bulls keep pushing, the pair should meet the next hurdle at the round level of 1.0700 prior rot the weekly peaks of 1.0736 (September 20) and 1.0767 (September 12).

In the meantime, while below the 200-day SMA at 1.0812, the pair’s outlook should remain negative.

EUR/USD daily chart

 

Trending