EUR/USD advanced to 1.1250, riding a wave of dollar softness and market confidence in eurozone stability. The pair has reclaimed the 1.1200 level, now acting as support, and pierced resistance just below 1.1300. The 50-period SMA on the 4H chart has turned upward, with price action suggesting continuation toward the 1.1320 region. Unless DXY recovers meaningfully above its 50-day average, the euro may continue to attract buyers.
4-Hour EUR/USD
