EURUSD Finds Support at the 200-day SMA

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2021/08/f-eur141.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2021/08/f-eur141.jpg 612w, https://www.actionforex.com/wp-content/uploads/2021/08/f-eur141-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2021/08/f-eur141-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2021/08/f-eur141-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>EURUSD had been rangebound before sliding lower But the retreat ceases at the 200-day SMA Momentum indicators remain tilted to the downside EURUSD had been trading sideways since the beginning of the year following its pullback from the December high of 1.1138. The pair spiked lower on Tuesday, but the congested region that includes the 200-day […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/535859-eurusd-finds-support-at-the-200-day-sma/">EURUSD Finds Support at the 200-day SMA</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>