EURUSD Pulls Back from 4-Month High; Bullish in Medium Term

<p>EURUSD is declining somewhat following the pullback on the four-month high of 1.1421 on Wednesday. This short-term bearish movement is confirmed by the technical indicators, as the MACD is falling beneath its trigger line in the positive zone, while the stochastic oscillator is approaching the oversold territory. Immediate support is coming from the 20-period simple […]</p>
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