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EURUSD dipped to new two month low early Tuesday, remaining under pressure from risk aversion on China’s latest stimulus news and wide expectations of ECB rate cut by 25 basis points on Thursday. After registering a daily close below 1.0944/35 (Fibo 61.8% of 1.0775/1.1214 / daily cloud base / 100DMA) bears now pressure pivots at […]

The post EUR/USD: Increased Downside Pressure Below Daily Cloud appeared first on Action Forex.

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EURJPY Posts Strong Fight With 163.45-164.00 Barrier

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