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EURUSD Cheers Up Before ECB Rate Decision

EURUSD Cheers Up Before ECB Rate Decision
EURUSD jumped into the 1.1100 area ahead of the ECB policy announcement early on Thursday, exiting its bearish channel on the four-hour chart. The 50-period simple moving average (SMA) is currently keeping the bulls busy around 1.1145 and if it proves tough to surpass, the pair could switch into corrective mode. The 61.8% Fibonacci retracement of the latest downfall […] The post EURUSD Cheers Up Before ECB Rate Decision appeared first on Action Forex... Read More
Posted: Jul 27 2023, 11:45
Author Name: actionforex
Views: 080866

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