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EUR/USD: Bullish Bias Above 1.10 Support, But Near-term Action Still in a Range

EUR/USD: Bullish Bias Above 1.10 Support, But Near-term Action Still in a Range
The Euro regained traction on Monday after Friday’s action, shaped in long-legged Doji, signaled indecision. Near-term bias remains with bulls as price action stays above psychological 1.10 support the fourth straight day. The pair kept positive tone despite significant drop in German industrial production in March (-3.4% vs 2.1% rise in Feb), underpinned by weaker […] The post EUR/USD: Bullish Bias Above 1.10 Support, But Near-term Action Still in a Range appeared first on Action Forex... Read More
Posted: May 8 2023, 11:31
Author Name: actionforex
Views: 110756

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