EUR/USD Test Monthly S1

BY admin admin

<p>On Wednesday, the EUR/USD currency pair declined to the monthly S1 at 1.0776. During today’s morning, the pair was testing the given support. Note that the exchange rate is pressured by the 55-hour SMA near 1.0830. Thus, some downside potential could prevail in the market. In this case the rate could target the weekly S2 […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/293287-eur-usd-test-monthly-s1/">EUR/USD Test Monthly S1</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

WTI dives below $70.00, down more than 11%, worst fall since 2020’s negative price debacle

Front-month WTI futures have been getting absolutely battered in recent trade and have recently dropped below the $70.00 level. That marks a more than

Forex

Nikkei 225 closes lower by 0.96% at 28,546.18

A rough day for Asian equities as risk is tilted to the softer side This comes as S&amp;P 500 futures are down 0.5% ahead of European trading. In turn, this is putting some light pressure on commo

Forex

European market wrap: EUR/USD boosted by hawkish ECB, DAX 40 Follows

Hawkish ECB lifts EUR/USD as DAX achieves its second day of gains. Euro Dollar faces big hurdles while German Dax aims to hold ground above 14,400.

Copyright © 2024 | WordPress Theme: Xews Lite