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EUR/USD Outlook: Near-Term Action Remains Negatively Aligned Below Falling 10DMA

Started by PocketOption, Feb 19, 2022, 06:10 am

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PocketOption

EUR/USD Outlook: Near-Term Action Remains Negatively Aligned Below Falling 10DMA

The Euro is trading in a choppy sideways mode in European session on Friday, with near-term action being weighed down by south-heading 10DMA which capped upticks in past two days and fading bullish momentum on daily chart. Fresh weakness is probing below the base of thinning daily cloud and pressuring pivotal Fibo support at 1.1351 […]


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