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EURUSD: Brief Pause Amidst Holiday, But USD Strengthens

Euro / U.S. Dollar (FX:EURUSD)  
Midas_Calista Updated   
FX:EURUSD   Euro / U.S. Dollar
Gann Technical Indicators Trend Analysis EURUSD eurusdbuy EUR TRY eurusddaily eurshort eurusd1hr
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gann indicator trendanalysis eurusd eurusdbuy eurtry eurusddaily eurshort eurusd1hr
Hello forex family! EURUSD is momentarily pausing amidst a global market holiday period. However, looking forward, the US dollar is gaining strength, driven by hawkish sentiment surrounding the Federal Reserve and expectations of higher interest rates.

Technical analysis further supports this narrative, with the price breaking below the 1.0780 support level and trading below both the Ichimoku, currently favoring sellers. Our preferred move is to target a decline to the 1.0677 level.







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I think EUR will decrease further before increasing again
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