EURUSD Chart Technical Outlook corrects within a bullish channel, bulls target 1.0610
EUR/USD printed a bottom last week and bounced higher. Prices are printing higher and lower highs this week, trading within a bullish channel. There is room for further gains toward 1.0610 and 1.0685. Supports are seen at 1.0500 and 1.0425. Today’s calendar is light, and there is no reason to shift the sentiment. The USD index is correcting lower. Therefore, more gains could be expected in the pair.
