EUR/USD Price Analysis: Bulls move in and eye key trendline resistance

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EUR/USD Price Analysis: Bulls move in and eye key trendline resistance – by fx_ross EURUSD Technical Analysis

officials are concerned about overtightening with large rate hikes. Following Friday's volatility, the euro has moved out of bearish territory within the medium-term coil with prospects towards 0.99 for the days ahead as the following charts illustrate.Trendline resistance guards a break towards 1.0000 while the price embarks on the 0.9850 territories. Zoomed into the 4-hour charts, a correction could be at hand from which the bulls will need to commit from prior resistance near 0.

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