The Euro pulls back from new six-week high, as traders collected profits from a steep six-day rally, after the action was repeatedly capped by falling 100DMA and daily cloud top, while overbought daily studies contributed to the decision. Dip below parity (to 0.9972) was so far short-lived, signaling that bullish sentiment remains strong, however daily […]
The post EUR/USD: Euro Eases on Overbought Condition But Bias to Remain Bullish Above Parity appeared first on Action Forex.
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