There is room for the euro (EUR) to continue going up; The main resistance in 1,1535 is probably out of reach for now. In the long term, the EUR could continue to rise up to 1,1535; It is too early to say if there is enough impulse to reach 1,1575, the FX analysts of UOB Group, to be Leang and Peter Chia point.
EUR/USD is prepared to continue going up
24 -hour vision: “We did not expect the EUR to shoot at 1,1499 (we expected a range in range). Although the rapid increase seems excessive, there is room for the EUR relieveing. “
Vision at 1-3 weeks: “Our most recent narrative was from Monday (June 9, quotation in 1,1405), in which EUR ‘seems to have entered a phase of trade in rank, probably between 1,1330 and 1,1495.’ Yesterday, the EUR shot at a maximum of 1,1499 before closing 0.56% higher in 1,1487. 1.1425. “
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
