Currently, EUR/USD is trading at 1.0798. Last week after trading in downtrend, this pair is now trading in sideways trend. As the price has already touched support zone, there are chances of reversal. If it breaks the level of resistance at 1.0911 it may enter into an uptrend and then the first target will be at 1.0998.
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Thank you,
Rishikesh Lilawat
Do follow us for future Forex updates.
Thank you,
Rishikesh Lilawat