Euro to US Dollar (EUR/USD) Forex Analysis – Thursday(29-02-2024)

Euro to US Dollar (EUR/USD) Forex Analysis – Thursday(29-02-2024)

Euro to US Dollar (EUR/USD) Forex Analysis for Today


Approaching Resistance, Get Ready to SELL EUR/USD

Daily Analysis EUR/USD

Market Awaits US Inflation Reading

The dollar remains stable ahead of the announcement of inflation data, which could serve as an indication of when the Fed might implement an interest rate cut.

Pullback Approaching Resistance

A pullback is occurring near the resistance area. Confirmation of a selling signal can be sought in the resistance zone.

Prediction: WEAK EUR/USD


  • R1 1.08909
  • R2 1.08449
  • R3 1.09114
  • R4 1.09365


  • S1 1.08449
  • S2 1.08909
  • S3 1.08286
  • S4 1.08056

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