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Intraday Analysis – USD under renewed pressure

Intraday Analysis – USD under renewed pressure
EURUSD pops higher The US dollar plunged after the Fed’s 25 bp hike raised hopes that the peak rate is getting closer. On the daily chart, the euro has bounced off the 20-day SMA (1.0800) as it sought to preserve its gains above last May’s high of 1.0780. A sharp break above 1.0910 has attracted […] The post Intraday Analysis – USD under renewed pressure appeared first on Orbex Forex Trading Blog... Read More
Posted: Feb 2 2023, 07:30
Author Name: orbex
Views: 102572

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