EUR/USD: Bulls Taking Breather After Cracking Psychological 1.1000 Barrier

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2022/03/f-eur200.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2022/03/f-eur200.jpg 612w, https://www.actionforex.com/wp-content/uploads/2022/03/f-eur200-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2022/03/f-eur200-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2022/03/f-eur200-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>EURUSD is consolidating under new multi-week high on Wednesday, after bulls cleared pivotal Fibo resistance at 1.0959 (61.8% of 1.1275/1.0448 downtrend) and cracked psychological 1.10 barrier. The Euro received fresh support from expectations that the Fed is done with rate hikes and rising bets for start of cutting interest rates in the first half of [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/529516-eur-usd-bulls-taking-breather-after-cracking-psychological-1-1000-barrier/">EUR/USD: Bulls Taking Breather After Cracking Psychological 1.1000 Barrier</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>