EURUSD, Daily
EURUSD continued its recovery and retested the resistance at 1.0580.
The converging EMAs indicate a potential trend reversal.
If EURUSD sustains its bullish momentum and breaks above 1.0580, the price may retest 1.0630.
On the contrary, returning below 1.0530 may suggest a potential bearish expansion to 1.0480
The converging EMAs indicate a potential trend reversal.
If EURUSD sustains its bullish momentum and breaks above 1.0580, the price may retest 1.0630.
On the contrary, returning below 1.0530 may suggest a potential bearish expansion to 1.0480
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