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EURUSD sellers lean in the key swing area. Keep bearish bias.

The EURUSD corrected higher off a swing area between 1.0842 and 1.08485. The corrected move higher in the early New York session moved back into the lower swing area of a "Red Box" that confined the pair in April and May (between 1.08955 to 1.1095), and which was broken last week. The price moved back outside that "Red Box" today (below the lower extreme area).The corrective move today saw the price extend to 1.0901 and although the price moved above the low of the "Red Box", the lower swing are... Read More

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Content Topics

Eurusd

Sellers

Lean

Swing

Area

Keep

Bearish

Bias

Forex

Posted: Jun 23 2023, 15:28

Author Name: forexlive

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