EURUSD: steady recovery instead of further decline?
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Nice to see you all again. Currently, EURUSD continues to operate with little price volatility, mainly moving sideways and trading around the EMA 34 and 89 lines.
The 4-hour chart continues to show short-term consolidation. The breakout of this pattern indicates that the area of recent highs is at 1.0998. The fact that this level was surpassed suggests that 1.1085 is likely to be visited.
The 4-hour chart continues to show short-term consolidation. The breakout of this pattern indicates that the area of recent highs is at 1.0998. The fact that this level was surpassed suggests that 1.1085 is likely to be visited.
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