EUR/USD Price Analysis: Appreciates to near 1.0900; next barrier around four-month highs

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EUR/USD Price Analysis: Appreciates to near 1.0900; next barrier around four-month highs
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EUR/USD advances for the second consecutive day, trading around 1.0900 during Wednesday's Asian session.

EUR/USD continues its upward momentum, supported by a bullish inclination observed in the daily chart analysis. The pair may encounter resistance near a four-month high at 1.0922. The lower boundary of the ascending channel around the 1.0870 level could serve as immediate support. EUR/USD advances for the second consecutive day, trading around 1.0900 during Wednesday's Asian session. The analysis of the daily chart shows a bullish trend, as the pair remains within an ascending channel.

0870 level, which coincides with the nine-day Exponential Moving Average at 1.0864. A breach below this level could intensify downward pressure on the pair, targeting support around the key level of 1.0670, potentially serving as a throwback support level. EUR/USD: Daily Chart Euro PRICE Today The table below shows the percentage change of Euro against listed major currencies today. Euro was the strongest against the Swiss Franc. USD EUR GBP JPY CAD AUD NZD CHF USD -0.06% -0.02% 0.00% -0.01% -0.

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