EUR/USD struggles to continue the winning streak with a mild negative bias, trading around the 1.0740 aligned to the 1.0750 psychological level. The p
MACD suggests that recent momentum is tepid and favoring a sideways trend.The key barrier level is represented by the nine-day EMA, following the 1.0800 psychological level.struggles to continue the winning streak with a mild negative bias, trading around the 1.0740 aligned to the 1.0750 psychological level. The pair experienced upward support due to a pullback in the US Dollar .
The Moving Average Convergence Divergence line remains below the centerline but shows convergence below the signal line. This configuration indicates that the recent market momentum is relatively weak and moves sideways. On the upside, a significant resistance level for the EUR/USD pair is represented by the nine-day Exponential Moving Average at 1.0756, following the 1.0800 psychological level.