The euro is one hair from parity with the dollar, a psychologically important line above which the single currency has been trading for the last generation. After losing more than 4% over the week, the EURUSD looks excessively and emotionally oversold, and the oversold conditions of RSI confirm this on all time frames above H4. […]
The post Dollar Proves Exchange Rate Strength, Now the Turn for Economical One appeared first on Action Forex.
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