EUR/USD Outlook: Rises to One-Week Gigh on Renewed Risk Appetite

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2018/08/f-eur96.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2018/08/f-eur96.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/08/f-eur96-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Fresh bulls emerged after top of rising daily cloud and 200DMA (1.0851/43) contained dips for the fourth consecutive day, leaving a higher base at this zone and generating an initial signal that pullback from 1.1139 (Dec 28 peak) has bottomed. Renewed strength requires sustained break above 1.0943 pivot (20DMA/Fibo 38.2% of 1.1139/1.0821) to sideline downside […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/536730-eur-usd-outlook-rises-to-one-week-gigh-on-renewed-risk-appetite/">EUR/USD Outlook: Rises to One-Week Gigh on Renewed Risk Appetite</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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