EUR/USD Price Analysis: Attempts to Retrace its Recent Losses, Trades Near 1.0920

<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" loading="lazy" 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>EUR/USD treads water near 1.0920 to retrace its recent losses. Traders may wait for confirmation as MACD indicates a potential shift to a downward trend for the pair. A break below 1.0900 could lead the pair to approach the 50-day EMA at 1.0878 and 38.2% Fibonacci retracement at 1.0867. EUR/USD attempts to retrace its recent [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/533862-eur-usd-price-analysis-attempts-to-retrace-its-recent-losses-trades-near-1-0920/">EUR/USD Price Analysis: Attempts to Retrace its Recent Losses, Trades Near 1.0920</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>