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EUR/USD Breaks Critical Support

Started by PocketOption, Apr 27, 2022, 12:52 pm

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PocketOption

EUR/USD Breaks Critical Support

The euro struggles as the eurozone's growth prospect dampens. The pair remains under pressure after it broke below a short-lived congestion area around 1.0770. A bearish breakout below March 2020's lows near 1.0650 (a major demand zone) could send the single currency to 1.0580. In the meantime, the RSI's double-dip in the oversold territory may […]


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