#EURUSD
Only Professionals Can See.๐
$EUR
Rate: 1.1467 (-0.03% on the session, -2.23% over the past year) The big driver: two rate hikes in one week โ the Fed raised to 3.75%โ4.00%, while the ECB only moved to 2.50%. That widening gap is keeping the Dollar bid. Technicals: EUR/USD is stuck below its 100-day SMA (1.1545) with a bearish RSI of 36 โ sellers still have the upper hand. Key levels: resistance at 1.1500โ1.1545, support at 1.1445โ1.1325 (the 52-week low).
Only Professionals Can See.๐
$EUR
Rate: 1.1467 (-0.03% on the session, -2.23% over the past year) The big driver: two rate hikes in one week โ the Fed raised to 3.75%โ4.00%, while the ECB only moved to 2.50%. That widening gap is keeping the Dollar bid. Technicals: EUR/USD is stuck below its 100-day SMA (1.1545) with a bearish RSI of 36 โ sellers still have the upper hand. Key levels: resistance at 1.1500โ1.1545, support at 1.1445โ1.1325 (the 52-week low).
