USD/EUR Bearish Momentum With A 1% Drop In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.62% for the last 21 sessions. At 17:09 EST on Wednesday, 29 March, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.12% up from its 52-week low and 12.03% down from its 52-week high.

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  • Eur/usd rebounds after two consecutive days of losses, boosted by risk-on impulse, weaker USD. According to FXStreet on Monday, 27 March, "Technically speaking, the EUR/USD is neutral to upward biased, with a triple bottom staying in play as long as the EUR/USD remains above 1.0759. ", "At the time of writing, the EUR/USD is trading at 1.0789 above its opening price."
  • Eur/usd forex signal: relief rally to 1.0850 likely – 27 March 2023. According to DailyForex on Monday, 27 March, "The EUR/USD exchange rate pulled back sharply on Friday as concerns about the banking sector resumed. ", "While these numbers are important, their impact on the EUR/USD pair will be limited. "

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