The Euro edges lower in early European trading on Thursday, following 1.02% bounce on Wednesday, as recovery is facing strong headwinds from parity area, now reverted to significant resistance. Technical studies on daily chart have slightly improved after Wednesday’s rally closed above 10DMA (0.9974) and 14-d momentum accelerated higher from the deep negative zone, though […]
The post EUR/USD: Recovery Faces Headwinds at Parity, All Eyes on ECB appeared first on Action Forex.
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