EURUSD | Daily Update | Bulls Eyeing Breakout Confirmation | FOREX
Today, our focus is on the EURUSD pair as depicted on the daily chart. Are we poised for a bullish continuation? The bulls have made a significant move by breaking the downtrend and establishing a higher low. With a trigger bar in sight, all eyes are now on the crucial confirmation point: a break of resistance. Stay tuned for further developments!
Today’s focus: EURUSD
Pattern – Continuation (Bullish)
Support – 1.0794
Resistance – 1.0855, 1.0896
Weekly Outlook: News, FX, Indices, USD, Gold, Oil & Crypto Analysis | Trade Zone With Joe Jeffriess
The USD also plays a part in this story, and we have some news that could aid and hurt the EURUSD picture this week.
Good trading.
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