Possible rise
Euro Dollar broke through a bearish channel and seems to have stabilised above the last low of the 1.01000 region and is transitioning into a bullish phase. Price action is currently within the 1.04000 and is aiming for the 1.05000 barriers. Passing through and settling above may likely lead a growth to the pair to retest further established highs.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.