EUR/USD Price Analysis: Next on the upside aligns 1.1012

• EUR/USD comes under stress and revisits the mid-1.0900s.
• Above the month-to-month excessive comes the June high past 1.1000.

EUR/USD’s rebound finds some decent preliminary hurdle spherical 1.0970 to this point at the starting do of the week.

Once the pair clears the July excessive at 1.0973 (July 7), it must also then embark on a doable challenge of the June excessive at 1.1012 (June 22) sooner than the 2023 high at 1.1095 (April 26).

Taking a explore at the longer rush, the obvious behold stays unchanged while above the 200-day SMA, at the novel time at 1.0624.

EUR/USD on each day foundation chart

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