EURUSD: Bulls Eyeing 1.20 Key Resistance Amid Strong Technical and Fundamental Momentum
Over the past three trading days, EURUSD has exhibited a strong upward move, closing yesterday at 1.19817, nearing the psychological 1.20 barrier. The market mood has been shaped by US political budget risks weighing on the US dollar, which in turn has supported the Euro’s firm tone. Several investment banks and analysts forecast a higher Euro-dollar rate throughout 2026, especially with expectations of possible Fed rate cuts later in the year. For the average investor, the weakening USD could p












