$EURUSD Correction Imminent

26 בנוב׳ 2023

EURUSD has been navigating sideways since January amid economic challenges, rising interest rates, and Western economic uncertainties.

Approaching yearly resistance at 1.10806, a rebound towards 1.05335 support is expected. By the end of the first financial quarter, a breakthrough of yearly resistance is anticipated, solidifying new support.

This aligns with expectations of improved global financial conditions and a revival of consumer confidence.

#ForexAnalysis #EURUSD #FinancialMarkets #EconomicOutlook #TradingStrategy #MarketTrends #GlobalFinance #CurrencyPairs #YearlyResistance #SupportLevels #ConsumerConfidence #FinanceNews