EURUSD: The trend of increasing continues
Hello traders,
Currently, on our chart today, the uptrend that started last week is still being executed steadily. The price is trading within the range of the EMA and there are no signs indicating a breakout from the trend.
It is expected that the price will continue to maintain the upward trend, with trading ranging from 1.055 (lower limit of the price uptrend channel) to 1.062 (upper limit of the price uptrend channel). As long as there is no breakout from the current trend, the upward momentum will remain stable.
Currently, on our chart today, the uptrend that started last week is still being executed steadily. The price is trading within the range of the EMA and there are no signs indicating a breakout from the trend.
It is expected that the price will continue to maintain the upward trend, with trading ranging from 1.055 (lower limit of the price uptrend channel) to 1.062 (upper limit of the price uptrend channel). As long as there is no breakout from the current trend, the upward momentum will remain stable.
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