EURUSD Technical Analysis: A Closer Look at Two Key Support and

15 dic 2024

Considering the rebound from the marked demand zone, an upward move in the EURUSD pair is not unlikely. However, a bullish scenario for the pair becomes more convincing after breaking the 1.06 resistance level and retesting it. Otherwise, the bearish outlook remains intact. For a renewed selling opportunity, we need to wait for the marked demand zone to be broken before re-entering the market.