EUR/USD Outlook: Bearish Bias Remains Below Broken Fibo Support at 1.2173

<p>The Euro stays in red on Friday and pressures new one-month low as bears regain traction after Thursday’s hesitation, expressed by daily Doji candle. The action remains under broken Fibo level (1.2173, 23.6% of 1.1602/1.2349) that keeps near-term bias with bears. Rising bearish momentum on daily chart and multiple bear-crosses of daily moving averages add […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/353662-eur-usd-outlook-bearish-bias-remains-below-broken-fibo-support-at-1-2173/">EUR/USD Outlook: Bearish Bias Remains Below Broken Fibo Support at 1.2173</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>