EURUSD has been edging higher since early October after its long-term downtrend ceased at the 20-year low of 0.9535. In the short term, the pair has been trading sideways, with the completion of a golden cross between the 50 and 200-day simple moving averages (SMAs) failing to spark an upside rally. The momentum indicators currently suggest […]
The post EURUSD Trades Sideways Despite Golden Cross appeared first on Action Forex.
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