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EURUSD Next possible move

EURUSD
Here’s a detailed description for today’s continued bullish outlook in EUR/USD:

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### **Title**
*"EUR/USD Intraday Analysis: Bullish Momentum Continues | Dollar Retreats Further"*

#### **Market Context**
*"EUR/USD maintains its upward trajectory as the dollar remains under pressure amid easing Treasury yields and cautious market sentiment. Supportive Eurozone data also fuels buying interest in the pair."*

#### **Technical Analysis**
*"Today's buy bias is backed by the following:
- **Trend Structure**: Higher highs and higher lows indicate continued bullish momentum.
- **EMA Dynamics**: Price is holding above the 20 and 50 EMAs, reinforcing the upward bias.
- **RSI**: Sustained above 60, reflecting strong buying pressure.
- **MACD**: Positive histogram bars are increasing, signaling bullish continuation.

Key Levels:
- **Support**: 1.0570 (intraday), 1.0545 (critical level).
- **Resistance**: 1.0605 (initial target), 1.0630 (key level). A break above 1.0630 could open the door for further gains."*

#### **News Context**
*"Upcoming: U.S. Services PMI data later today may influence dollar sentiment.
Previous: Eurozone economic sentiment data boosted confidence, aiding the pair’s recovery."*

#### **Call to Action**
*"Will EUR/USD sustain its bullish momentum and test higher resistance levels? Share your perspectives and strategies below!"*

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