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EUR/USD Price Under Bearish Pressure as New Year Starts

Started by forex4you, Jan 04, 2023, 03:48 pm

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Jan 04, 2023, 03:48 pm
EUR/USD Price Under Bearish Pressure as New Year Starts

The EUR/USD pair is strongly bearish as the DXY rallied. The lower median line (LML) stands as a potential target. After its massive drop, a rebound could be natural. The EUR/USD price tumbled today, posting lows around 1.0537, far below 1.0683 today's high. The Dollar Index's rebound forced the USD to take the lead and … Continued


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