Wed, 15 Apr 2026 08:00:51 GMT
EUR/USD Technical Analysis: Bullish Ascending Channel Eyes 1.1850 Resistance
EUR/USD 1-hour chart shows a bullish market structure, with price action moving within a well-defined ascending channel and consistently forming higher highs and higher lows. Price remains in the upper half of this channel, signaling strong buying momentum, while both key moving averages support the trend: the SMA 50 at 1.17622 acts as dynamic short-term support and stays above the