EUR/USD has broken its four-day losing streak, currently trading at approximately 1.1720 during the Asian session on Monday. This movement indicates a strengthening bullish momentum for the currency pair, as it remains positioned slightly above the ascending channel pattern on the daily chart.
The sustained exchange rate above 1.1700 suggests a positive outlook for the euro against the USD. Traders are likely to monitor this bullish behavior closely, as any further advances could signal a continuation of this trend, potentially influencing broader market sentiment in the forex landscape.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-12-22 05:47
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.