Euro rose slightly on Tuesday and is currently at 1.1650. The U.S. 10-year U.S. Treasury yield once hit 1.644%, the highest level in five months. However, housing construction in the United States unexpectedly fell in September, and due to severe shortages of raw materials and labor, building permits fell to a one-year low. It fell. The market is now expecting the European Central Bank to raise interest rates by 30 basis points in the next two years, but the attitude of the European Central Bank hardly supports this expectation.
Euro closed bullish with an upper shadow yesterday. EURUSD reaches the previous resistance of 1.1670 and was under pressure to weaken. H4 graph shows that EURUSD is stable around the middle BOLL and broke through the upper BOLL band once. MACD volume strengthened and is above the zero axis. The indicator tends to be bullish. Overall, prioritise Buy within the fluctuation zone. Consider the support zone and resistance zone, the deciding point whether to buy or sell is near 1.1625
Resistance: 1.1670-1.1700-1.1730
Support：1.1625-1.1600-1.1570
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