EURUSD moves above swing area Makes new highs for the day
The EURUSD has made a technical push higher in today’s session, breaking above both the key swing area between 1.12657 and 1.12754, and the 38.2% retracement of the April–May decline at 1.12754. That dual-level break gives buyers added control in the short term and confirms momentum shifting back in favor of the bulls.Yesterday’s high stalled just above this zone at 1.12876, and that level now becomes the next key upside target.
Related Symbols:
USD
EUR
This is a summary of the original article by Forexlive. To read the complete article, please visit the source website:
Read Full Article at ForexliveNews data provided by Finnhub. ForexSentiment.live provides this summary as a convenience with proper attribution to the original source. The full article is available at the original publisher's website.
