Thu, 11 Mar 2021 09:43:36 GMT
EUR/USD reveals channel pattern
By the middle of the day's European trading hours, the currency exchange rate had reached the resistance of the 200-hour simple moving average and the weekly simple pivot point at 1.1975.
In the meantime, analysts spotted a channel up pattern, which had guided the rate throughout this week. In the near term future, the rate would test the combined