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EUR/USD Price Breaks Above 1.11 as Greenback Slips amid Risk-on

Started by forex4you, Mar 30, 2022, 07:18 pm

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EUR/USD Price Breaks Above 1.11 as Greenback Slips amid Risk-on

The EUR/USD pair may activate an upside continuation if it makes a new higher high. Only a bearish engulfing could invalidate the bullish scenario. DXY is located right above a strong demand zone. Therefore, a rebound could boost the USD. The EUR/USD price climbed as high as 1.1163 today, registering a new high. The bias … Continued


The post EUR/USD Price Breaks Above 1.11 as Greenback Slips amid Risk-on appeared first on Forex Crunch.


Source: EUR/USD Price Breaks Above 1.11 as Greenback Slips amid Risk-on
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