Wed, 29 Nov 2023 10:05:45 GMT
EUR/USD reaches 1.1000 mark
The resistance zone at 1.0950/1.0965 failed to hold, as the additional support of the 50-hour simple moving average approached. The follow up surge easily passed above the weekly R1 simple pivot point at 1.0982 and pierced the 1.1000 mark.
However, during the first half of Wednesday's trading the pair started a decline. In general, the bulls were taking gains,