- EUR/USD hit a fresh three-day high around 1.0870 on Wednesday.
- If it continues to rise, it could revisit the monthly high near 1.0930.
He EUR/USD hits fresh daily highs near 1.0870 amid continuation of Wednesday’s weekly bounce.
The probability of new advances seems favored for the moment. Conversely, the pair could head towards the March high at 1.0929 (March 23) before a possible test of the 2023 high at 1.1032 (Feb 2).
Longer-term, constructive view remains above the 200-day SMA at 1.0336 today.
EUR/USD daily chart
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.
