By Orbex
The euro currency managed to recover from the declines on Monday. Price action made a quick recovery after testing the lower support near 1.1800.
However, the upside gains are stalling near the trend line. This could keep price action contained for the moment.
Only a strong breakout above the trend line will see further gains coming.
But the resistance level of 1.1900 is also weighing on the common currency.
Free Reports:
As a result, we could expect the EURUSD to hold on to its sideways range for the moment between 1.1900 and 1.1800.
By Orbex
By JustMarkets On Wednesday, the U.S. stock market declined. By the end of the day,…
By Brian Jay Tang, University of Michigan and Kang G. Shin, University of Michigan Hundreds…
Belize City, Belize, April 29, 2026 – Financial broker RoboForex has expanded its CFD offering with…
By Maximilian Brichta, University of Virginia Once seen as often dry and sometimes intimidating, personal…
By JustMarkets On Tuesday, the US stock market declined. By the end of the day,…
By Analytical Department RoboForex EUR/USD is slightly lower on Wednesday, trading with minimal movement around…
This website uses cookies.