The EUR/USD D1 chart opened higher yesterday and fell back in late trading. At present, the trend can be seen to move in the upward direction. The RSI can also show that the price is currently in an uptrend. But pay attention to tonight’s CPI data, which may weigh on the euro’s gains.
The price on the H1 chart has formed a pullback and is currently blocked by the support level below. The RSI indicator can also see that the price is still above 50, and a golden cross has also been formed, and the trend has the possibility of further upside.
Buy low and sell high.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.