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02.07.2020 Euro/USD Daily Analysis

A few days ago, we also mentioned EUR/USD and we said that it looks like the price is ending a bearish correction and is getting ready for

Yazar: editor_1

Yayınlanma: 2 Temmuz 2020 18:58

Güncellenme: 17 Nisan 2024 22:16

02.07.2020 Euro/USD Daily Analysis

A few days ago, we also mentioned EUR/USD and we said that it looks like the price is ending a bearish correction and is getting ready for another bullish wave. Call us not surprised, when indeed EUR/USD defended the 1.12 support and later broke the upper line of the flag. Price closing a day above the upper line of the flag will be an invitation to a new bullish wave.

At 3:45 AM ET (0745 GMT), the DAX in Germany traded 1.6% higher, France's CAC 40 rose 1.3%, the U.K.'s FTSE index was up 0.8%.

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