EUR/USD remains in a narrow-range sideways mode in early Tuesday’s trading, in extension of Monday’s action, shaped in Doji candle and signaling indecision Initial positive signal is developing on daily chart following last Friday’s strong downside rejection which left a bear trap under 1.0405 Fibo support (50% retracement of 0.9535/1.1275 rally (Sep 2022/July 2023). Also, […]
The post EUR/USD Outlook: Bullish Signal Developing on Daily Chart But Needs More Evidence for Confirmation appeared first on Action Forex.