EUR/USD is in an uptrend and recently broke above the ascending channel before pulling back to retest the breakout zone near 1.1517. If this level holds, the price is expected to resume its upward movement toward 1.1600–1.1630. A break below 1.1490 would invalidate the bullish outlook.
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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.