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EUR/USD Intraday Analysis: Continued Bullish Momentum and Targeting New Levels

EUR/USD Intraday Analysis: Continued Bullish Momentum and Targeting New Levels

The Euro against the US Dollar (EUR/USD) is showing positive movements during today's trading session, maintaining a bullish trend above the pivot point at 1.18500.

If trading remains above this key level, the pair is expected to continue rising, targeting 1.19000 as the first target, followed by 1.19500 if buying momentum strengthens.

Alternatively, if the price fails to sustain above 1.18500, we may see a pullback toward the support level at 1.18240, followed by 1.18000.

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