EUR/USD Outlook: Recovery Needs Close Above Pivotal Fibo Barrier To Signal Reversal

<p>The Euro stands at the front foot on Wednesday and probes again above pivotal Fibo barrier at 1.0838 (23.6% of 1.1494/1.0635 fall) following Tuesday’s failure to clearly break above, despite spike to 1.0887. The sentiment has improved on action of global central banks to cushion strong negative impact from corona virus pandemic, with latest Fed’s […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/282572-eur-usd-outlook-recovery-needs-close-above-pivotal-fibo-barrier-to-signal-reversal/">EUR/USD Outlook: Recovery Needs Close Above Pivotal Fibo Barrier To Signal Reversal</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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