Here's how the recently-below-parity EUR/USD could turn to technically bullish<p>EUR/USD has had a few dips under parity but so far has shown resilience from under 1. </p><p>Analysts at Scotiabank have highlighted a close-by topside level to watch for significance in consolidating a bullish technical picture. </p><ul><li>EUR(/USD) ... price dynamics remain positive for the pair, which maintains the strong, short-term uptrend that developed earlier last week</li><li>We see support at 1.0050/55 intraday</li><li>Solid gains above the 1.02 area would be technically bullish from a medium-term point of view</li></ul><p>EUR/USD topped out under 1.02 on Monday, but keep an eye on above there say Scotia:</p>
This article was written by Eamonn Sheridan at forexlive.com.
Source: Here's how the recently-below-parity EUR/USD could turn to technically bullish (https://forexlive.com/technical-analysis/heres-how-the-recently-below-parity-eurusd-could-turn-to-technically-bullish-20220912/https://forexlive.com/technical-analysis/heres-how-the-recently-below-parity-eurusd-could-turn-to-technically-bullish-20220912/)
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