After reaching a low of around 1.06 in mid-April, 
EURUSD began to recover and broke above the descending trend line in mid-May, potentially indicating a trend reversal.
Recently, the pair also formed a bullish flag, further supporting a bullish outlook.
As long as the price stays above 1.0750, there is a strong possibility of testing the 1.1 resistance level.
EURUSD began to recover and broke above the descending trend line in mid-May, potentially indicating a trend reversal.Recently, the pair also formed a bullish flag, further supporting a bullish outlook.
As long as the price stays above 1.0750, there is a strong possibility of testing the 1.1 resistance level.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.