Is EURUSD Ready to Climb Back Above the Uptrend Line?

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2021/08/f-eur140.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2021/08/f-eur140.jpg 612w, https://www.actionforex.com/wp-content/uploads/2021/08/f-eur140-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2021/08/f-eur140-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2021/08/f-eur140-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>EURUSD rebounds off 200-day SMA But, remains beneath the rising trend line Technical signals are mixed EURUSD finds strong support at the 200-day simple moving average (SMA), which overlaps with the 1.0845 barrier. The pair is currently holding beneath the medium-term ascending trend line but the fact that it is still above the aforementioned support [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/536822-is-eurusd-ready-to-climb-back-above-the-uptrend-line/">Is EURUSD Ready to Climb Back Above the Uptrend Line?</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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