The Euro holds in red for the third straight day, deflated by fresh risk aversion, with early Monday’s acceleration lower, pushing the price to the lowest since Nov 11. bears broke initial Fibo support at 1.0304 (23.6% of 0.9730/1.0481) and cracked ascending 10DMA (1.0266), generating further bearish signals. Reversal pattern is forming on weekly chart, […]
The post EURUSD: Bull-Trap and Risk Aversion Boost Fresh Bears appeared first on Action Forex.
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