Taking into account with whats happening to US at the moment it has led to the EURUSD to venture into the upper half of the downward channel. It is only logical to think that the market will only undergo correction if the US economy is back to its feet.
With the current EUR dollar slowly healing from the pandemic and US dollar taking hit from the riots, the currency pair will go long and touch the upper resistance after a long while.
With the current EUR dollar slowly healing from the pandemic and US dollar taking hit from the riots, the currency pair will go long and touch the upper resistance after a long while.