EURUSD is tumbling below the 1.1200 psychological level, reaching a new three-week low. The price pulled back off the simple moving averages (SMAs) creating a strong selling interest. The RSI indicator is reaching the oversold territory, while the MACD is strengthening its negative momentum below its trigger and zero lines. If the price plunges further, […]

The post EURUSD Plunges Below 1.1200, Posting 3-Week Low appeared first on Action Forex.