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EURUSD Plays Defense Bear Overbought Conditions

EURUSD Plays Defense Bear Overbought Conditions
EURUSD has experienced significant gains in the past 10 days, smashing its recent resistance levels and posting a fresh 17-month peak last Friday. However, it seems that the bulls cannot extend the recent rally as the pair has approached overbought conditions. The momentum indicators currently suggest that the recent rally could be overstretched. Specifically, the MACD is […] The post EURUSD Plays Defense Bear Overbought Conditions appeared first on Action Forex... Read More
Posted: Jul 17 2023, 08:32
Author Name: actionforex
Views: 112413

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