EURUSD: Continues price increase target
Hello dear friends, the EURUSD pair has begun to recover from yesterday's decline. It's currently oscillating around the 1.093 level and remains robust within its uptrend channel.
The ECB has clarified its intention to maintain stringent policy measures for as long as necessary to achieve its inflation targets. Optimism surrounding the ECB's stance could lend support to the Euro, thereby benefiting the EUR/USD pair. The Consumer Price Index (CPI) data released on Tuesday from Germany will likely capture investors' focus.
I maintain a bullish outlook on this pair, adhering to a 'buy on the rise' strategy.
The ECB has clarified its intention to maintain stringent policy measures for as long as necessary to achieve its inflation targets. Optimism surrounding the ECB's stance could lend support to the Euro, thereby benefiting the EUR/USD pair. The Consumer Price Index (CPI) data released on Tuesday from Germany will likely capture investors' focus.
I maintain a bullish outlook on this pair, adhering to a 'buy on the rise' strategy.
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Trade closed: target reached:
