The EURUSD major trend is Down. But the market is structured in a short term up advance as a minor correction and close over 1.0959 implies a run to 1.1061. Friday’s back off hurt bull forces, but note that trade continues to close over the key 1.0959 support, keeping the trend bias up. A close under 1.0800 alerts for a 1.0700.
Last Updated Date: 9 March 2022 @ 1:25 PM (UTC)
*Please note that all the dates are in GMT time zone