EURUSD consolidated within the ascending channel and fluctuated around the EMAs, indicating its sideways trend.
If EURUSD breaks below the channel’s lower bound and the support at 1.0450, a further drop toward 1.0400 might occur.
Conversely, if EURUSD sustains gains above 1.0450, the price could rise toward the resistance at 1.0600
If EURUSD breaks below the channel’s lower bound and the support at 1.0450, a further drop toward 1.0400 might occur.
Conversely, if EURUSD sustains gains above 1.0450, the price could rise toward the resistance at 1.0600
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.