EUR/USD remains biased lower as near term action stays within extended consolidation range above 13-month low (1.0495), with the upside being capped by solid barriers at 1.0600 zone (former low of Apr 16 / Fibo 23.6% of 1.0936/1.0495 / falling 10 DMA). Negative 14-d momentum and daily MA’s in full bearish setup support scenario, with […]
The post EUR/USD Outlook: Continues to Move Within Extended Consolidation Range, But Larger Bears Hold Grip appeared first on Action Forex.
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