EUR/USD Price Forecast: Eyes nine-day EMA barrier after rebounding from 1.1600 | FXStreet

EUR/USD gains ground after registering modest losses in the previous session, trading around 1.1620 during the Asian hours on Friday. The technical analysis of the daily chart suggests an ongoing b...

By · · 1 min read
EUR/USD Price Forecast: Eyes nine-day EMA barrier after rebounding from 1.1600 | FXStreet

Source: FXStreet

EUR/USD gains ground after registering modest losses in the previous session, trading around 1.1620 during the Asian hours on Friday. The technical analysis of the daily chart suggests an ongoing bearish bias as the pair remains within the descending channel pattern.