EUR/USD: Daily Chart Points to Persisting Downside Risk

<p>EURUSD edged higher in early Monday, driven by fresh risk appetite, after Friday’s US labor data signaled that the Fed might be done with hiking interest rates. Fresh gains emerge after a multiple failure to register clear break through Fibo support at 1.0786 (76.4% of 1.0635/1.1275) and facing a minimum requirement in clearing 200DMA (1.0817) […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/517144-eur-usd-daily-chart-points-to-persisting-downside-risk/">EUR/USD: Daily Chart Points to Persisting Downside Risk</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>