EUR/USD: Bears Tighten Grip and Crack Pivotal Supports
<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2021/07/f-eur133.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2021/07/f-eur133.jpg 612w, https://www.actionforex.com/wp-content/uploads/2021/07/f-eur133-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2021/07/f-eur133-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2021/07/f-eur133-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Bears returned fully to game on Monday after Friday’s brief pause on Fed Powell’s remarks, pushing the Euro to the lowest in three weeks. The pair slid over 0.5% until mid-US session and cracked pivotal support at 1.0818 (200DMA), looking for a bearish signal on firm break, which will be confirmed on extension and close […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/530285-eur-usd-bears-tighten-grip-and-crack-pivotal-supports/">EUR/USD: Bears Tighten Grip and Crack Pivotal Supports</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>
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