EUR/USD: Near-Term Action to Remain Sideways While 100DMA Holds

<p>Bears are facing some headwinds on Monday but hold grip, following bearish signals from weekly close below Fibo support at 1.0955 (50% retracement of 1.0635/1.1275 upleg) and strong upside rejection on Thursday which left a daily candle with long upper shadow. Near-term action was held again by 100DMA (1.0930), suggesting that bears may pause here, […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/514176-eur-usd-near-term-action-to-remain-sideways-while-100dma-holds/">EUR/USD: Near-Term Action to Remain Sideways While 100DMA Holds</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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