The EUR/USD is trading at the upper end of its recent range, having hit an intraday high of around 1.1440 and remaining near that level. The US Dollar strengthened in the early session due to optimism about the easing of Sino-US trade tensions, but later declined as European stocks fluctuated. Technically, the daily chart shows bulls remain in control, with the 20-day SMA rising gently at 1.1330. In the short term, the pair is range-bound around the 20-day SMA, yet to confirm a bullish breakout, while the 100-day and 200-day SMAs support the overall upward trend.
EUR/USD
buy@1.14200-1.14300
tp:1.14600-1.14900
EUR/USD
buy@1.14200-1.14300
tp:1.14600-1.14900
Trade active
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🔥 We share at least 3-5 FREE trading signals daily 📈—monthly returns up to 300%-500%! 💹
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🔗 Join our Telegram channel for precise signals👇
t.me/+XPmb-cKTquE0OTk0
👉 Join now and never miss a profitable trade! 🚀
t.me/+XPmb-cKTquE0OTk0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.