Euro / U.S. Dollar
Long

EURUSD Holds Bullish Momentum – Next Target 1.177?

951
Hello everyone, what do you think about the trend of EURUSD ?

EUR/USD continues its upward momentum, trading in positive territory around 1.1700 during the end-of-week session. Mixed retail sales and consumer sentiment data from the US have made it difficult for the US Dollar to gain traction, allowing the pair to maintain its position.

The price is moving well within an ascending channel, and after a bounce from support, I expect the bulls to remain in control. The upper limit at 1.177, which also serves as H4 resistance, is my target for this idea.

What do you think about EURUSD? Leave your thoughts in the comments!

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