EUR/USD Testing Key Resistance Amid Bullish Momentum
EUR/USD is riding a strong uptrend, supported by technical momentum and weakening U.S. fundamentals, such as dovish Fed expectations and soft economic data. We're approaching key resistance, where a breakout could lead to further gains, but if resistance holds, a pullback to support is possible. Meanwhile, we'll stay in the current uptrend until we reach this key level, keeping an eye on Fed updates for any shifts in direction.
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