EURUSD opened with gap-higher and rose to three-week high in early European trading on Monday, lifted by results of the first round French parliamentary election. Rally was capped by the base of thickening daily cloud, following last week’s cloud twist, with subsequent easing, pointing to strength of 1.0778/1.0800 resistance zone (daily cloud, spanned between 1.0777 […]
The post EUR/USD Outlook: Post-French Election Rally So Far Capped by Thickening Daily Cloud appeared first on Action Forex.
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