The euro has returned to its uptrend
The EURUSD pair has a good uptrend today, but is still trading below the 1.022 resistance. The short-term trend of the euro against the US dollar is neutral. That is, the market is suffering.
From the buyers’ point of view, the break of 1.022 resistance can be a confirmation of the formation of the price floor at 1.0756. In this case, the short-term EURUSD trend will rise to the resistance of 1,1184.
Conversely, if the EURUSD falls below the 1.0756 support, the euro will decline against the dollar.
* Technical H4 analysis of EURUSD
* Technical daily analysis of EURUSD
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