EUR/USD Price Analysis: Bulls eye a break of key 1.0550 area, eyes on 1.0600 – by fx_ross EURUSD Technical Analysis
The bull's first challenge will be the micro trendline resistance and the 1.0550s., EUR/USD bulls have committed to the course and remain on the front side of the bullish dynamic trendline support as the following will illustrate:While on the front side of the daily trendline, it was noted that EUR/USD bulls were firming from near 1.0480 support and were taking on resistance around 1.0570. below the trendline and 1.0490 would open prospects of a deeper correction towards 1.0400.
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