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Euro / U.S. Dollar
Updated

EURUSD Continues to Follow an Uptrend Channel

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Hello, what do you think about EURUSD ?

EURUSD is still trading within an ascending channel. Although the price has adjusted below the trendline, the uptrend channel remains intact.

Currently, the price is hovering around 1.160, which is our target for yesterday's correction. With the current market conditions, keep an eye on the lower limit of the channel to look for trading opportunities. As long as the channel holds, the long-term outlook for EURUSD remains bullish.

Do you agree with this view? Feel free to share your thoughts in the comments below.

Good luck with your trading!
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