EUR/USD Faces Uphill Task, Oil Price Rallies Further

<p>Key Highlights EUR/USD started a fresh decline and traded below 1.0700. A key bearish trend line is forming with resistance near 1.0730 on the 4-hour chart. GBP/USD also declined heavily below the 1.2500 support. Crude oil prices rallied further and climbed above the $91.00 level. EUR/USD Technical Analysis The Euro failed to start a recovery [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/518995-eur-usd-faces-uphill-task-oil-price-rallies-further/">EUR/USD Faces Uphill Task, Oil Price Rallies Further</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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