EUR/USD: Fresh Reversal Signal Still Needs Confirmation

<p>Bears started to gain control on Wednesday after larger uptrend ran out of steam, leaving triple-Doji (Fri/Mon/Tue). Fresh weakness cracked initial support at 1.1200 (round-figure / the floor of three-day congestion, with sustained break lower seen as minimum requirement for initial reversal signal. Fresh bears eye Fibo support at 1.1171 (23.6% retracement of 1.0833/1.1275 upleg), […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/510652-eur-usd-fresh-reversal-signal-still-needs-confirmation/">EUR/USD: Fresh Reversal Signal Still Needs Confirmation</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>