EUR/USD Challenge 1.0788 Resistance Open Trading Account

The open simulation account, deposit currency withdrawal, open trading account, and open simulation account have expanded their growth to a new high of 1.0800 euros/dollars. At the time of writing, its trading price is now 1.0791.

This bias is bullish, so further growth is natural, as DXY remains bearish in the short term. Later, the Federal Open Market Committee should have a decisive role. The US dollar is expected to experience significant fluctuations around this highly influential event. The FOMC press conference may change this sentiment in the short term. More hawkish rhetoric than expected can lift the rebound. Euro/USD bullish bias intact!

The euro/dollar tested and retested the key level of 1.0759, and now it has jumped to a high before 1.0788. As long as the bias remains above the centerline (milliliters) of the rising hay fork, the bias is bullish. Temporary retreat or lateral movement may bring new long-term opportunities. Technically speaking, as long as it remains above the median line (ml), the rate can be attracted by the upper median line (uml). Euro/USD Forecast! Retesting R1 (1.0780), and then closing bullish above the high point before 1.0800, activating an upward continuation and considered a bullish signal.