EURUSD: Maintain the parallel price increase channel

The EURUSD continues to maintain its position above the recent high, experiencing a significant rise at the start of the week on Monday.

Currently, the price of this currency pair remains well supported above the psychological level of 1.080, and the outlook for further appreciation remains positive as the established trendline shows no signs of breaking. Additionally, a weakening USD also serves to relieve some pressure off EURUSD!

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