The Euro remains at the front foot in European session on Friday and extends recovery into second straight day, retracing almost 50% of post Powell’s sharp fall. Bounce from Wednesday’s two-month low (1.0524) is struggling at the first obstacle at 1.0609 (daily Tenkan-sen), as daily studies are still weak (momentum remain negative, price action stays […]
The post EUR/USD: Technical Studies Warn of Fresh Weakness But US Jobs Data Seen as a Key Driver appeared first on Action Forex.