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2025-09-12 16:50:01
[Analyst: EUR/USD May Soon Test 1.2000] ⑴ The EUR/USD exchange rate has risen from 1.0125 to 1.1830 this year, with the summer consolidation period beginning at the high point of the gains. ⑵ Despite traders holding substantial long positions, the exchange rate remains strongly bullish. ⑶ The next upside target is 1.2043, while the correction target for the long-term downtrend is 1.2016. ⑷ Falling oil prices will support the EUR/USD. ⑸ The Federal Reserve's impending monetary easing, while Eurozone interest rates remain unchanged, will provide support for interest rate differentials. ⑹ Gold and the euro could jointly challenge the dollar's dominance.
