EUR/USD Consolidates Near Weekly S2

<p>Since Thursday, the EUR/USD currency pair has been consolidating near the weekly S2 at 1.1664. Given that the exchange rate is pressured by the 55-hour moving average near 1.1670, it is likely that some downside potential could prevail in the market. In this case the rate could gain support from the weekly S3 and monthly […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/329252-eur-usd-consolidates-near-weekly-s2/">EUR/USD Consolidates Near Weekly S2</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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