The Euro remains in red at the start of the week after 2.2% drop last week and pressures new 2022 low (1.0071), also near Fibo 76.4% of 0.8225/1.6039 (1.0069), where bears faced headwinds on Friday. Oversold conditions on daily chart and Friday’s hammer candle suggest that bears may struggle at this zone, however very limited […]
The post EUR/USD: Bears Keep Control But May Delay Final Push Towards Parity on Oversold Studies appeared first on Action Forex.
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