EUR/USD Consolidated At 1.1220

<p>On Thursday, the EUR/USD currency pair consolidated in the 1.1220 area. During today&#8217;s morning, the pair maintained its consolidation. It is likely that the exchange rate could be pressured by the 55– and 200-hour moving averages near 1.1250. Thus, some downside potential could prevail in the market. In this case the rate could target the [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/306502-eur-usd-consolidated-at-1-1220/">EUR/USD Consolidated At 1.1220</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>