EUR/USD Retreats as USD/JPY Eyes New Highs
On the hourly chart, EUR/USD faced challenges in clearing the 1.0950 resistance zone. The Euro is on a downward trajectory, currently trading below the 1.0850 support level against the US Dollar. As market conditions shift, traders are watching closely for any potential breakouts or changes in momentum that could signal the next moves for both EUR/USD and USD/JPY. Stay tuned for critical updates that could impact these pairs.