EUR/USD: Maintaining Upward Trend Channel !
Overal, the EUR/USD pair continues to maintain an upward channel, sustaining stability around the 1.0730 level in the Friday's Asian trading session. This stability is attributed to investors awaiting the April employment report from the United States, which will include non-farm payroll data and the unemployment rate.
Looking at the chart, it shows that technical indicators are supporting the upward trend. The Relative Strength Index (RSI) is trading near the 60 level, indicating the strength of the upward trend.
Looking at the chart, it shows that technical indicators are supporting the upward trend. The Relative Strength Index (RSI) is trading near the 60 level, indicating the strength of the upward trend.
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