EURUSD has been trading within a tight range after it managed to rebound from the 20-year low of 0.9951. In addition, the price is currently standing below both its descending 50- and 200-day simple moving average (SMAs), endorsing a broader bearish technical picture. The momentum indicators suggest a cautiously positive near-term tone. Specifically, the stochastic […]
The post EURUSD Extends Consolidation Slightly Above Parity appeared first on Action Forex.
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