EUR USD Gains Momentum While USD JPY Struggles
On the hourly chart for EUR USD, the pair shows an upward trend starting from the 1.0290 support zone. The Euro has recently climbed above the critical 1.0400 resistance zone versus the US Dollar. Traders should watch these developments closely, as they signal potential shifts in market dynamics.
Current trends indicate a stronger Euro against the backdrop of a weaker Dollar. Market participants are keen on upcoming economic data that could influence the trajectory of this pair.