DNA_BrianTrading

EUR/USD battles 1.0600 as US Dollar rebounds

DNA_BrianTrading 업데이트됨   
FX:EURUSD   유로 / 미국 달러
Brian greets everyone!

Today, the EUR/USD is holding steady at 1.0600 after failing to sustain early gains during Asian trading on Wednesday. The currency pair is losing ground amidst the broad-based recovery of the US dollar, despite the Federal Reserve's mild expectations and optimistic sentiment. The focus is on the US core PPI inflation.

However, on the 4-hour chart, the upward trend is still well-maintained with a significant resistance level around 1.0663. Breaking through this resistance would push EUR/USD to new highs, with an expected target around 1.0733.
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