The EUR/USD currency pair is exhibiting a bullish trend, trading at approximately 1.1755 during the early European session on Friday. This positive momentum indicates a growing confidence among traders, suggesting that the euro is gaining strength against the US dollar as market dynamics shift.
As the pair approaches the critical psychological level of 1.1800, the first significant resistance point emerges. A sustained breakthrough above this barrier could pave the way for further gains, potentially attracting additional buying interest in the euro. Traders will be closely monitoring economic indicators and geopolitical developments that may influence the exchange rate in the coming days.
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Data Source: FX Killer Analysis Team Updated: 2026-01-02 05:48
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.