EUR/USD Tests Local Support

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<p>On Monday, the EUR/USD currency pair consolidated in the 1.0870 area. During today’s morning, the pair declined to the 1.0840 mark. Given that the exchange rate is pressured by the 55– and 100-hour SMAs near 1.0865, it is likely that some downside potential could prevail. Note that the rate would have to surpass the weekly […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/288870-eur-usd-tests-local-support/">EUR/USD Tests Local Support</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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