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EURUSD Rebounds Off 7-week Low Near Uptrend Line

EURUSD is battling with the medium-term uptrend line as the market sank towards a new seven-week low of 1.0530 on Monday. The 20- and 50-day simple moving averages (SMAs) confirmed the recent negative move as they posted a bearish crossover. The MACD is extending its bearish structure beneath its trigger and zero lines, while the RSI is pointing […] The post EURUSD Rebounds Off 7-week Low Near Uptrend Line appeared first on Action Forex... Read More

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Eurusd

Rebounds

Week

Near

Uptrend

Line

7 week

Forex

Posted: Feb 28 2023, 07:55

Author Name: actionforex

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