MicroStockHub
By Jainam Mehta
EUR:USD (EUR:USD) is trading lower after failing to hold gains above the 1.16 psychological barrier, with price action slipping below the 1.1490 zone in the early hours of June 13. The pair’s retreat comes after a
EUR:USD Price Slips Below $1.149 As Bullish Momentum Fades Near Key Resistance
Summary
- EUR:USD is trading lower after failing to hold gains above the 1.16 psychological barrier.
- Despite the short-term weakness, the broader trend remains constructive.
- A bounce from 1.1490 could set the stage for a return toward 1.16 and 1.1680.
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