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5 Apr 2023
EUR/USD Price Analysis: Bulls stay in control and eye 1.1050s
- EUR/USD bulls are in the market and eyed higher highs.
- The bulls can target the 1.1050s while above 1.0900 support.
Despite the tweezer top, we have seen two consecutive days of rally and we are on the third day of bullñsi price action in EUR/USD. The price has rallied into the 1.0970s and is showing little signs of slowing down with the 1.1030/50s eyed for the near future.
EUR/USD daily chart
EUR/USD H4 chart
The 4-hour chart is so far bullish for the Asian day. EUR/USD is on the front side of the macro trend and above the support of 1.0900.