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EUR/USD: Shallow Correction Likely to Precede Fresh Push Higher

The Euro edged lower in early Monday, adding downside risk after Friday’s long-legged Doji signaled strong indecision. Last week’s rally (nearly 1.8% up for the week) accelerated strongly on Thursday on hawkish ECB but faced strong headwinds on approach to the top of thick daily cloud (1.0964). Traders are likely to collect some profits after […] The post EUR/USD: Shallow Correction Likely to Precede Fresh Push Higher appeared first on Action Forex... Read More

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Eur

Usd

Shallow

Correction

Likely

Precede

Fresh

Push

Higher

Eur usd

Forex

Posted: Jun 19 2023, 08:37

Author Name: actionforex

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