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.Hence then, the article about buyers remain in full control in the eurusd what would weaken that bias was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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