EUR/USD: Extended Pullback Pressuring Pivotal Supports

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2021/08/f-eur167.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2021/08/f-eur167.jpg 612w, https://www.actionforex.com/wp-content/uploads/2021/08/f-eur167-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2021/08/f-eur167-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2021/08/f-eur167-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>EURUSD keeps negative tone in the first trading day of 2024 and extends pullback from a multi-month high (1.1139) into third consecutive day. Break through initial support at 1.1041 (Fibo 23.6% of 1.0723/1.1139 upleg) extended through rising 10DMA (1.1011) and cracked psychological 1.10 support, which marks the upper boundary of pivotal 1.1000/1.0980 support zone (psychological/Fibo […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/533543-eur-usd-extended-pullback-pressuring-pivotal-supports/">EUR/USD: Extended Pullback Pressuring Pivotal Supports</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>