Mihai_Iacob

EurUsd- Rise to text 1.1 important figure?

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FX:EURUSD   ユーロ/米ドル
After reaching a low of around 1.06 in mid-April, EURUSD began to recover and broke above the descending trend line in mid-May, potentially indicating a trend reversal.

Recently, the pair also formed a bullish flag, further supporting a bullish outlook.

As long as the price stays above 1.0750, there is a strong possibility of testing the 1.1 resistance level.

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