Key takeaways Euro weakness stabilizes: EUR/USD’s recent 3.25% drop from its September high has stalled at the key 1.1530 medium-term support level. French political uncertainty eases: The reappointment of Prime Minister Lecornu and reduced sovereign risk premiums have helped calm Eurozone markets. Technical setup remains bullish: Price action forms an “Ascending Triangle” pattern, signaling a […]
The post EUR/USD: Recent Euro Weakness Stalled at 1.1530 Key Medium-Term Support with a Minor “Double Bottom” Bullish Breakout appeared first on Action Forex.
