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EURUSD Technical Analysis

On the daily chart below for EURUSD, we can see that the price keeps struggling extending the rally above the 1.1033 high. If the market fails again to break out here, then we may be in front of a big double top pattern with the neckline at the 1.0533 level. For now, the buyers keep being in control with the moving averages offering support. Yesterday the US GDP showed resilience in consumer spending under the hood and the US Jobless Claims data beat expectations after several weeks of misses. T... Read More

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Eurusd

Technical

Analysis

Forex

Posted: Apr 28 2023, 10:41

Author Name: forexlive

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