Live Updates > Live Update Details
2025-09-17 09:40:53
[Euro/dollar has made a clear breakthrough, approaching a four-year high] 1. EUR/USD rose from 1.1757 to 1.1878 on Tuesday, and is now trading in the 1.1851-73 range in the Asian session on Wednesday. 2. The high in September 2021 was 1.1909, and the high in January of the same year was 1.2349. The main resistance is currently at the 200-month moving average of 1.1983. 3. The market has bought on dips near 1.1800 many times, indicating that a stage bottom may be formed in this area. 4. A large number of options will expire today: 1.1850 (1.6 billion euros) and 1.1900 (1.4 billion euros), which may limit short-term fluctuations in the exchange rate. 5. If the exchange rate breaks through the previous high of 1.1909, it may further open up upside space. 6. The US dollar is under pressure as a whole, and the market's expectations of a Fed rate cut continue to support euro buying.
