Volatile Path of Euro: Key Levels and Economic Data
Quick Look: Euro faces resistance at 1.0880, with the 100 SMA at 1.0870 providing an additional barrier. Support levels were identified at 1.0820 and 1.0785, correlating with the 61.8% Fibonacci retracement. US CPI report and ECB’s interest rate decision this week are key for future direction. Euro shows resilience, bouncing off the 50-day SMA, but …
Volatile Path of Euro: Key Levels and Economic Data Read More »