EUR/USD Pressured BY 55- And 100- Hour SMAS

<p>On Friday, the EUR/USD currency pair declined to the support level—the Fibo 23.60% and the 200-hour SMA at 1.0886. During today’s morning, the pair pierced the given support. It is likely that the exchange rate could remain under pressure of the weekly and monthly PPs at 1.0908. Thus, some downside potential could prevail in the […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/297742-eur-usd-pressured-by-55-and-100-hour-smas-7/">EUR/USD Pressured BY 55- And 100- Hour SMAS</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>