EURUSD Resumes Negative Bearing Below 1.15 Handle

EURUSD has successfully weighed on the 50-day simple moving average (SMA) – coupled with the mid-Bollinger band – and growing bearish pressures have now clearly pushed below 1.1323, crushing buyers’ efforts to breach the 1.1500 barrier. The longer-term falling 100- and 200-day SMAs are endorsing the eight-month descent from the 1.2266 peak, while the 50-day […]

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