Category: Fundamental Analysis
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Overbought EUR/USD: Analysis of a Bullish Breakout Driven by Potential Macro Shifts
The analysis of the EUR/USD currency pair from June 2024 to April 2025 shows a shift from a consolidation period to a strong bullish trend starting in February 2025. Indicators like Bollinger Bands and RSI signal overbought conditions, suggesting caution for traders, while macroeconomic factors also play a significant role…