Euro Rises Against Dollar Analysis & Forecast for March 12, 2025
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The EUR/USD pair remains stable above 1.0880, supporting a bullish outlook for intraday and short-term trades, with key targets at 1.0945 and 1.0965.
The continuation of the uptrend depends on the price holding above 1.0880; breaking below this level may lead to a decline toward 1.0860 and 1.0835.
On Tuesday, the pair gained positive momentum, briefly testing 1.0950, its highest level in 22 weeks. Euro bulls continue to push towards further recovery.
Today's Price Range:
- Support: 1.0835, 1.0860, 1.0880
- Resistance: 1.0945, 1.0965, 1.0985
Expected Trend: Bullish
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