
EUR/USD Rebounds from 1.1600 but Bearish Channel Remains the Dominant Force
EUR/USD bounced to 1.1620 after finding support at 1.1600, but persistent bearish bias and a descending channel pattern suggest traders should remain cautious on aggressive long positions.
![[title]](/_next/image?url=https%3A%2F%2Fxszsbkowaiusowgwscyw.supabase.co%2Fstorage%2Fv1%2Fobject%2Fpublic%2Fassets%2Fblog-featured-images%2F2026%2F04%2F1777463216861.png&w=2048&q=75)






