3 min readEURO VS DOLLAR (EUR/USD):
The Euro-Dollar pair has been rejecting these external demand levels and is currently trading higher, in line with the Dollar Index (DXY) moving lower.
On the lower time frame, the daily charts indicate that we are trading higher, with the price currently approaching the daily 50 EMA level. If we can break above this key resistance, I’ll be interested to see if the price can hold these levels and continue moving higher.
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The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.
