On a year-to-date basis, the EURUSD is up an impressive 13.78%, after closing 2024 at 1.0354. The rise has been fueled by sustained dollar selling in 2025, driven by mounting concerns over U.S. debt levels and a reallocation of global capital. This strength has come even as eurozone rates have moved lower, highlighting the dominance of dollar-specific flows and bullish technical breaks through resistance.
Going forward, the 100-hour moving average remains a key short-term support level. A sustained break below it would be needed to shift the bias toward the sellers. Until then, the path of least resistance remains to the upside. The next key upside targets come in at today’s high of 1.1808 and yesterday’s high of 1.18266. A break above those levels opens the door toward the next major target at 1.1909, a level not seen since July and September of 2021.
This article was written by Greg Michalowski at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Buyers remain in full control in the EURUSD. What would weaken that bias? )
Also on site :