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EURUSD dipped below psychological 1.08 support and hit new multi-week low in early Wednesday. Larger bears remain firmly in play and reinforced by the most recent formation of 10/200DMA death cross, with daily close below 1.08 to reinforce bearish stance. However, oversold RSI and 14-d momentum in sideways mode suggest that the downtrend may be […]

The post EUR/USD Outlook: Break 1.0800 Support But Bears May Take a Breather on Oversold Conditions appeared first on Action Forex.

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25/03/2024

No Major Data Releases Today – ECB President Lagarde and Fed’s Bostic and Cook Will Speak

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24/01/2024

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