EURUSD Outlook! On the H1, EURUSD has formed a narrow asce | FBS Analytics
EURUSD Outlook!
On the H1, EURUSD has formed a narrow ascending channel, within which the price recently bounced off the resistance level, which makes two scenarios possible.
If EURUSD breaks above 1.0986, the price may overcome the trend line and reach 1.1028 But if the price breaks below the support at 1.0959, it will fall to the lower channel boundary at 1.0940
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