EUR/USD: Near-term Action Looks for Direction Signals

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<p>The Euro rose to the upper side of near-term congestion on Friday, after hitting new marginally lower low of larger downtrend from 1.1139 (Dec 28 peak). Today’s bounce points to still strong bids, although without sufficient bullish momentum to sustain gains and rise above near-term range top, which would generate initial reversal signal and shift […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/537084-eur-usd-near-term-action-looks-for-direction-signals/">EUR/USD: Near-term Action Looks for Direction Signals</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>