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- EUR/USD Price Analysis: Recovery targets 1.1000 and above
EUR/USD Price Analysis: Recovery targets 1.1000 and above
- EUR/USD leaves behind two sessions in a row with losses on Tuesday.
- Extra gains are expected to retarget the key 1.1000 mark in the near term.
EUR/USD manages to regain upside traction and approaches the key 1.1000 region on turnaround Tuesday.
If the rebound gathers extra impulse, then the pair could embark on a potential test of the 1.1000 mark ahead of the 2023 high at 1.1075 (April 14).
Looking at the longer run, the constructive view remains unchanged while above the 200-day SMA, today at 1.0377
EUR/USD daily chart
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