TradingView
Pisces_Investments
Mar 26, 2023 5:54 PM

Thoughts for EurUsd: Bullish Bias Long

EUR/USDOANDA

Description

DXY may be recovering from the rate increase from the Fed recently. We also have to consider the Fed is hawkish at this time with a potential increase in the future for USA. However, ECB has its own issues on its hands as of late. This amending channel looks strong but channels are also eventually broken. Will Euro finally rise above the key resistance level above? I will be watching this week for whichever direction that price will go.
More