The EUR/USD currency pair is gaining traction, with fresh buying emerging around the 1.1710 level during the Asian session on Tuesday. This uptick follows a robust rebound from a nearly four-week low of 1.1660, signaling renewed interest in the Euro against the USD.
Traders are now eyeing resistance at the 1.1735 confluence, which could serve as a pivotal point for further momentum. If the exchange rate manages to break through this level, it may encourage additional bullish sentiment in the market, potentially driving the Euro higher against the Dollar in the near term.
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Data Source: FX Killer Analysis Team Updated: 2026-01-06 03:28
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.