EUR/USD outlook: Bears Pressure Again Key Fibo Support But Risk of Another Rejection Here Exists

<p>The Euro continued to move lower on Thursday, driven by soured risk sentiment over rising concerns of new coronavirus wave. Bears attack again key support at 1.1212 (Fibo 38.2% of 1.0870/1.1422 / 17/12 June lows), where two attempts so far stalled. Daily techs lack clearer direction as MA’s are in mixed setup, momentum is falling […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/304485-eur-usd-outlook-bears-pressure-again-key-fibo-support-but-risk-of-another-rejection-here-exists/">EUR/USD outlook: Bears Pressure Again Key Fibo Support But Risk of Another Rejection Here Exists</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>