EURUSD : The downtrend line has not been broken yet
EURUSD witnessed a rebound on Thursday but encountered resistance at the descending trendline, initiating another correction downwards.
The 1.076 support level is showcasing significant resilience; if this level holds firm, EURUSD might still have a chance for an upward movement. Moreover, the end of the day will bring pivotal USD-related news. Should the USD benefit, we'll explore alternative bullish factors.
The 1.076 support level is showcasing significant resilience; if this level holds firm, EURUSD might still have a chance for an upward movement. Moreover, the end of the day will bring pivotal USD-related news. Should the USD benefit, we'll explore alternative bullish factors.
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