EUR/USD Outlook: Bulls Take A Breather But Remain In Play While Daily Cloud Top Contains Dips
<p>The Euro edges lower in early Monday’s trading as bulls enter consolidation after record 4% weekly advance last week. Traders took some profits and overbought stochastic also points to consolidative / corrective action before bulls resume. Strong bullish signal was generated on Friday’s close above pivotal barriers at 1.1066/80 (50% retracement of 1.1494/1.0635 / 200DMA). […]</p>
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