EUR/USD: Euro Consolidating After Biggest One-Day Advance in a Year

<p><img width="509" height="340" src="https://www.actionforex.com/wp-content/uploads/tag-images/eur1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/tag-images/eur1.jpg 509w, https://www.actionforex.com/wp-content/uploads/tag-images/eur1-300×200.jpg 300w" sizes="(max-width: 509px) 100vw, 509px" /></p>
<p>EURUSD edged lower in European trading on Wednesday as traders collected some profits after Tuesday’s 1.7% advance (the biggest one-day gain in one year), sparked by bigger than expected drop in US inflation in October, which deflated dollar Near-term picture is increasingly bullish after Tuesday’s acceleration surged through few key technical barriers, resulting in close […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/527508-eur-usd-euro-consolidating-after-biggest-one-day-advance-in-a-year/">EUR/USD: Euro Consolidating After Biggest One-Day Advance in a Year</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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