The Euro accelerated lower in Europe, shifting near term focus to the downside after a double failure at psychological 1.10 barrier. Fresh bears pressure pivotal Fibo support at 1.0875 (38.2% retracement of 1.0448/1.1139, reinforced by rising 55DMA), with firm break here to signal an end of extended consolidation, completion of a double-top (1.10) and further […]

The post EUR/USD: Euro Loses Ground, Key Supports Under Increased Pressure appeared first on Action Forex.

Read More