EUR/USD Price Forecast: Falls to near 1.1600 due to persistent bearish bias | FXStreet

EUR/USD depreciates after registering modest gains in the previous session, trading around 1.1610 during the Asian hours on Thursday. The technical analysis of the daily chart suggests a persistent...

By · · 1 min read
EUR/USD Price Forecast: Falls to near 1.1600 due to persistent bearish bias | FXStreet

Source: FXStreet

EUR/USD depreciates after registering modest gains in the previous session, trading around 1.1610 during the Asian hours on Thursday. The technical analysis of the daily chart suggests a persistent bearish bias as the EUR/USD pair remains within the descending channel pattern.