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EUR/USD Holds Above 1.1100 Despite Overbought Signals

Euro / Dollar Américain (FX:EURUSD)  
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FX:EURUSD   Euro / Dollar Américain
Trend Analysis Fundamental Analysis Beyond Technical Analysis EURUSD eurusdbuy EUR TRY eurusddaily eurshort EURSEK eurusd1hr euruad EURSGD
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trendanalysis fundamental beyondta eurusd eurusdbuy eurtry eurusddaily eurshort eursek eurusd1hr euruad eursgd
EUR/USD extended its rise above 1.1100 in the Asian session on Thursday, supported by a weaker US dollar. Despite overbought technical indicators, the pair confirmed the breakthrough above 1.1000. The upward trend remains strong, with potential consolidation between 1.1110 and 1.1080. Key support lies at 1.1050, followed by the 20-period SMA at 1.1030. Corrections may present buying opportunities, with downside risks limited below 1.0980.






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