EUR/USD trades near 1.1265, marking its second day of gains as market participants eye a potential breakout above the 1.1270 resistance level to extend the current short-term rally.
EUR/USD is gaining for the second straight day on Thursday, trading around 1.1265 and close to a near one-week high. The article flags 1.1270 as resistance and the range top, so a breakout would support further upside, while failure there could cap gains.
The article identifies 1.1270 as resistance and the range top, with bulls awaiting a breakout above it.
The article says EUR/USD is trading around the 1.1265 region during the Asian session on Thursday.
The EUR/USD pair maintains positive momentum for the second consecutive session, hovering near 1.1265. Traders are closely monitoring the 1.1270 level, which serves as a critical resistance point and the top of the current trading range.
The article identifies 1.1270 as the key resistance level and the top of the current trading range.
EUR/USD is showing positive traction for the second straight day, trading near 1.1265 during the Asian session.