<p>On the 4h chart, the latest report saw the pair ceased declining and pulled back to 1.1465 level around. Technical readings took the reversal and heading north. Even though the critical support previously placed at 1.146 got penetrated but indicators told that the pair might confront fresh supply. It the last candle on the chart remained at the bull side and closed over 5 SMA. It could be the end of the bearish trend for EUR on the technical perspective. Support on the short-to-medium term cast on 23.6% Fibonacci retracement while support on 1.14595 to indicate a further loss if broke low.</p>

Ending bearish for EUR or not

Dec 01 2020