Trading Insights

EUR/USD

Euro Reverses Friday Losses as US Yields Fall on Strong GDP

Euro reversed losses from last Friday and now in upward trend. Euro’s appreciation comes after US yields fell further following positive US economic data.

Key Levels: Support at 1.15086 | Resistance at 1.18328

Investor Takeaway: RSI at ~58 below MA line trending downward; MACD showing flat buying pressures—yield dynamics supporting Euro despite strong US growth paradox.

 

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