- EURUSD sees its latest robust upside briefly trimmed on Tuesday.
- Positive aspects might speed up past the 100-day SMA at 1.0040.
EURUSD meets sturdy resistance within the 1.0030/40 band in the intervening time, an space coincident with the 100-day SMA.
If the pair manages to surpass that area in a sustainable observe, it might then problem the October excessive at 1.0093 (October 27) previous to the September high at 1.0197 (September 12).
Whereas above the 9-month resistance line, right this moment close to 0.9850, additional features look possible.
Within the longer run, the pair’s bearish view ought to stay unaltered whereas beneath the 200-day SMA at 1.0455.
EURUSD day by day chart
