- EUR/USD hits 3-month highs around 1.0965.
- The continuation of the uptrend should reach 1.1000.
He EUR/USD advances for the fourth consecutive session, reaching new highs around 1.0965 on Tuesday’s trend change.
Continuation of the bullish bias could see the psychological threshold of 1.1000 again before the August high at 1.1064 (Aug 10).
For now, as long as it remains above the important 200-day SMA, today at 1.0806, the pair’s outlook should remain constructive.
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.
