EUR/USD Broke Upper Channel Line

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<p>On Wednesday, the EUR/USD currency pair tested the upper boundary of the medium-term descending channel. During today’s morning, the pair broke the given level. Note that the exchange rate is supported by the 55-hour SMA near 1.0870. Thus, some upside potential could prevail in the market. However, note that the rate would have to surpass […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/286514-eur-usd-broke-upper-channel-line/">EUR/USD Broke Upper Channel Line</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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