EURUSD: Uptrend continues above 1.0800
Updated
Hello Traders! Today EURUSD continues to trade in an upward trend.
As long as EUR/USD trades above the 34.89 EMA Simple Moving Average, the outlook for the pair is likely to remain constructive.
Looking at the 4-hour chart, a slow return appears to have taken place so far. The next upside barrier is 1.0888, ahead of 1.0897 and 1.0932.
As long as EUR/USD trades above the 34.89 EMA Simple Moving Average, the outlook for the pair is likely to remain constructive.
Looking at the 4-hour chart, a slow return appears to have taken place so far. The next upside barrier is 1.0888, ahead of 1.0897 and 1.0932.
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