The EURO/USD rate continues to trade sideways at the start of the new week with no real change to our analysis and conclusions from the previous week.
EUR/USD is in a longer-term uptrend which started at the January 2017 lows and topped at 1.2556 last month (February).
This uptrend is still intact despite the recent broadly sideways activity and our forecast, therefore, remains broadly bullish over the longer-term time horizon.
EUR/USD is in a longer-term uptrend which started at the January 2017 lows and topped at 1.2556 last month (February).
This uptrend is still intact despite the recent broadly sideways activity and our forecast, therefore, remains broadly bullish over the longer-term time horizon.
Comment:
Source: poundsterlinglive.com