EUR/USD Bias Remains Bullish with Dynamic Trendline Support

20 апр. 2023 г.

The EUR/USD currency pair has remained consistent with our previous analysis, which identified an ongoing bullish trend, bolstered by the dynamic trendline that has been providing reliable support. In fact, our current bias remains long, as we have witnessed the price rebound once again on the 61.8% Fibonacci level as of yesterday. It is worth noting that this reinforces the potential for an upward trajectory, in line with the prevailing market conditions.