EUR/USD turned north in the early American session on Wednesday and climbed above 1.0850.
EUR/USD snapped a three-day losing streak on Wednesday. The pair struggles to preserve its bullish momentum on Thursday. Technical buyers could remain interested while 1.0800 holds as support. Although the pair erased a portion of its gains, it closed the day in positive territory and snapped a three-day losing streak. Early Thursday, EUR/USD holds steady at around 1.0800. Euro PRICE This week The table below shows the percentage change of Euro against listed major currencies this week.
0840-1.0850 and 1.0900 could be seen as next resistances. If 1.0790-1.0800 support fails, sellers could take action and drag EUR/USD lower toward 1.0760 and 1.0730 . Euro FAQs What is the Euro? The Euro is the currency for the 20 European Union countries that belong to the Eurozone. It is the second most heavily traded currency in the world behind the US Dollar. In 2022, it accounted for 31% of all foreign exchange transactions, with an average daily turnover of over $2.2 trillion a day.
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