- EUR/USD seems to have found some resistance near 1.0760.
- If it continues to rise, it could retest the June 2022 high.
EUR/USD falters on Tuesday just before Monday’s monthly highs around 1.0760.
Should the bulls remain in control, the pair should break the January high at 1.0760 (Jan 9) and then attempt a move towards the June 2022 high at 1.0773 (Jun 27), followed by the May high. of 2022 at 1.0786 (May 30).
Meanwhile, the pair will continue to target more gains as long as it holds above the 200 SMA at 1.0309.
EUR/USD day 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.
