Note: This section contains information in English only.The FX pair is currently trading within a well-defined consolidation zone between 142.300 and 146.000, reflecting a period of indecision as market participants assess the next directional move. The 146.000 level is acting as a key resistance barrier, and a decisive breakout above this level could trigger increased bullish momentum. Should this resistance be breached with strong volume or confirmation from broader market sentiment, the pair may extend its advance toward the next projected resistance target near 148.20. Conversely, failure to break above 146.000 may result in continued range-bound movement or a potential pullback toward the lower boundary at 142.300."
Conversely, failure to break above 146.000 may result in continued range-bound movement or a potential pullback toward the lower boundary at 142.300."
Wed, 11 Jun 2025 10:30:04 GMT
Source: Dukascopy Bank SA
Conversely, failure to break above 146.000 may result in continued range-bound movement or a potential pullback toward the lower boundary at 142.300."