EUR/USD Remains Range-Bound, Uncertainty Appears
The EUR/USD pair continues trading within a short-term price range, with the 50-day moving average (50MA) continuing to act as a resistance level. The outlook appears increasingly uncertain as more economic data for both the US and the Eurozone is set to be released this week.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
1.1000 |
1.0900 |
1.0860 |
1.0750 |
1.0700 |
1.0650 |