EURUSD H4 14 March 2024
EUR/USD, H4 14 March 2024
EUR/USD experienced modest gains, supported by US Dollar depreciation. However, market
sentiment remains mixed as investors weigh macroeconomic outlooks in the Eurozone and the
United States. Anticipation builds ahead of potential borrowing cost adjustments by the European Central Bank (ECB) and the Federal Reserve (Fed) in June.
EUR/USD is trading higher while currently testing the resistance level.Suggesting the pair might extend its gains after breakout
Resistance level: 1.0960, 1.1095📉
Support level: 1.0865, 1.0765📈
EUR/USD experienced modest gains, supported by US Dollar depreciation. However, market
sentiment remains mixed as investors weigh macroeconomic outlooks in the Eurozone and the
United States. Anticipation builds ahead of potential borrowing cost adjustments by the European Central Bank (ECB) and the Federal Reserve (Fed) in June.
EUR/USD is trading higher while currently testing the resistance level.Suggesting the pair might extend its gains after breakout
Resistance level: 1.0960, 1.1095📉
Support level: 1.0865, 1.0765📈
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