EURUSD Consolidates As Momentum Evaporates

<p>EURUSD appears to be restricted by the 100-period simple moving average (SMA) after finding some support from the mid-Bollinger band around the 1.0838 level, that being the 23.6% Fibonacci retracement of the down leg from the 13-month high of 1.1496 to the multi-year low of 1.0635. The undecided pair is currently confined within a near-term [&#8230;]</p>
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