Spotlight on EUR/USD

EUR/USD
Looking at EURUSD’s chart, we can see that in the past few days, the FX pair managed to hold the rate above the level of 0.9740 and it is currently traded at around 0.98. Today we could expect it to test its resistance level at around 0.9840-0.9870 and if it is not able to pass it then it should retreat back towards its support level at around 0.9750-0.9760.
Author

AAATrade Team
AAATrade
The AAATrade Team has extensive experience in content writing for the financial industry. Stelios Nikolaou is the lead writer of the team, he currently works at AAATrade to provide research and content writing services.
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