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EUR/USD: Larger Bears to Remain Intact While Key 1.0800 Resistance Zone Caps Recovery

EUR/USD: Larger Bears to Remain Intact While Key 1.0800 Resistance Zone Caps Recovery
The Euro edges higher in early Monday trading, generating initial bullish signal on formation of reversal pattern on daily chart, after Friday’s Doji candle signaled indecision. Oversold daily studies and weaker dollar on growing optimism about US debt ceiling deal, contribute to euro’s fresh strength. Stochastic is emerging from oversold territory on daily chart and […] The post EUR/USD: Larger Bears to Remain Intact While Key 1.0800 Resistance Zone Caps Recovery appeared first on Action Forex... Read More
Posted: May 29 2023, 08:21
Author Name: actionforex
Views: 102534

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