The Euro hit new marginally lower 20-year low in early Wednesday, as risk assets fell in Asia, lifting the dollar to new high. Technical studies show indicators on daily chart in full bearish setup, with oversold conditions likely to slow bears for consolidative/corrective actions, before accelerating towards targets at 0.9301 /0.9000 (June 2002 low/psychological). Falling […]
The post EUR/USD Outlook: Bears Likely to Travel Further as Conditions Continue to Worsen appeared first on Action Forex.
