New highs for the EURUSD. Now up 0.84% on the day ...Middle East

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Looking ahead, the next key upside objective comes into focus at the double swing highs from August 2021 near 1.1909. While still roughly 50 pips away, that level represents a logical target for buyers given its historical importance and clustering of resistance.

Should the pair fall back below that area after today’s breakout, it would likely spark buyer disappointment and encourage profit-taking or fresh selling pressure.

Meanwhile, the

USDJPY is trading to a new low down -0.67%USDCHF remains the worst performer at down -0.99%. It is trading to the lowest level for the year now below 0.78714. That takes the price to the lowest level since 2011AUDUSD is trading to new highs and tests trend line and swing highs going back to 2024 (see chart below) near 0.6687. The high just reached 0.6684 and 0.6694. This article was written by Greg Michalowski at investinglive.com.

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