EURUSD at Crossroads: Uptrend Resumption or Downtrend Continuation?

EURUSD has staged a bounce from its recent low of 1.0694, but faces a critical hurdle at the falling trend line on the 4-hour chart. This resistance level will determine whether the recent uptick signals a trend reversal or merely a temporary pause within the ongoing downtrend. Upside Potential: Can the Rally Continue? Support Levels … Continue reading "EURUSD at Crossroads: Uptrend Resumption or Downtrend Continuation?"

EURUSD at Crossroads: Uptrend Resumption or Downtrend Continuation?
EURUSD has staged a bounce from its recent low of 1.0694, but faces a critical hurdle at the falling trend line on the 4-hour chart. This resistance level will determine whether the recent uptick signals a trend reversal or merely a temporary pause within the ongoing downtrend. Upside Potential: Can the Rally Continue? Support Levels … Continue reading "EURUSD at Crossroads: Uptrend Resumption or Downtrend Continuation?"