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EUR/USD Weekly Outlook

EUR/USD Weekly Outlook
EUR/USD rose to 1.1032 last week but retreated since then. The breach of 1.0800 minor support argues that a short term top was already formed, on bearish divergence condition in 4 hour MACD. Initial bias is back on the downside for 1.0482 support, which is close to 38.2% retracement of 0.9534 to 1.1032. For now, […] The post EUR/USD Weekly Outlook appeared first on Action Forex... Read More
Posted: Feb 4 2023, 10:34
Author Name: actionforex
Views: 102424

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