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Next on the upside comes 1.0756

November 10, 2023| Forex Market



– EUR/USD keeps the trade below the 1.0700 hurdle so far on Friday.

– Bullish attempts are expected to meet the next hurdle near 1.0750.

EUR/USD prints humble gains in the 1.0670/80 band at the end of the week.

In case the upward bias picks up extra pace, there is an initial barrier at the round level of 1.0700 ahead of the monthly top of 1.0756 (November 6).

In the meantime, while below the 200-day SMA at 1.0801, the pair’s outlook should remain negative.

EUR/USD daily chart


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