The EUR/USD currency pair is holding its ground near the 1.1790 mark during the Asian trading hours on Wednesday, maintaining gains for the third consecutive session. This steady performance comes after a pullback from three-month highs, reflecting a continued bullish sentiment in the market.
Technical analysis indicates that the pair is trending upward within an ascending channel pattern, suggesting a positive outlook for traders. As the exchange rate hovers around this level, market participants will be keenly watching for potential fluctuations that could arise from upcoming economic data or geopolitical developments impacting the USD and EUR.
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Data Source: FX Killer Analysis Team Updated: 2025-12-24 04:10
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.