EURUSD Restores Bullish Bias after Reclaiming Uptrend Line

<p><img width="612" height="444" src="https://www.actionforex.com/wp-content/uploads/2018/09/f-eur98.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/09/f-eur98.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/09/f-eur98-600×435.jpg 600w, https://www.actionforex.com/wp-content/uploads/2018/09/f-eur98-324×235.jpg 324w, https://www.actionforex.com/wp-content/uploads/2018/09/f-eur98-579×420.jpg 579w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>EURUSD bounces higher as positive bias gains traction Price climbs above moving averages and ascending trendline But how convincing is this rebound? EURUSD is marching higher, pushing above its simple moving averages (SMA), but more importantly, the price action has moved back above the short-term ascending trendline. The momentum indicators are strongly bullish with the […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/525265-eurusd-restores-bullish-bias-after-reclaiming-uptrend-line/">EURUSD Restores Bullish Bias after Reclaiming Uptrend Line</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *