EURUSD Dips to Lowest in Over Six Months on Weak German Data and Firmer Dollar

<p><img width="462" height="311" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-eur18-e1600272786201.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p>
<p>EURUSD came under renewed pressure in mid-European / early US trading on Monday and broke through pivotal support at 1.0611(Fibo 38.2% of 0.9535/1.1275 rally), after bears were repeatedly rejected last Thu/Fri. Fresh weakness signals continuation of larger downtrend, which was paused for consolidation in past six days, with bearish signal being generated on break of […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/520222-eurusd-dips-to-lowest-in-over-six-months-on-weak-german-data-and-firmer-dollar/">EURUSD Dips to Lowest in Over Six Months on Weak German Data and Firmer Dollar</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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