EUR/USD extends gains toward the upper boundary of the descending channel around the 1.0890 level. The 14-day RSI is still positioned above the 50 level, suggesting a bullish sentiment for the pair. The pair could find key support around the 50-day EMA at 1.0819 level.
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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.