EUR/USD Technical Outlook – Euro Breakout Sustainable vs Dollar?
The Euro is at its highest levels in over 2.5 years, the question is whether it will hold or not; if it can then 1.25 may up next.
The Euro is at its highest levels in over 2.5 years, the question is whether it will hold or not; if it can then 1.25 may up next.
We’re looking to validate the Australian Dollar breakout as Aussie eyes the yearly highs. These are the levels that matter on the AUD/USD weekly technical chart.
December typically brings cheer for the Australian and New Zealand Dollars, while the US Dollar is left with coal.
The British Pound is eyeing a push to fresh yearly highs against the US Dollar. However, various technical setups suggest GBP could lose ground to JPY, EUR and NZD in the near term.