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EURUSD Retreats after Rebound Falters

Started by PocketOption, Oct 11, 2022, 02:01 am

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PocketOption

Oct 11, 2022, 02:01 am
EURUSD Retreats after Rebound Falters

EURUSD has been losing ground since the beginning of the year, creating a clear structure of lower highs and lower lows within a descending channel. Although the pair managed to post a moderate rebound after finding its feet at the 20-year low of 0.9430, it quickly retraced back as the 50-day simple moving average (SMA) curbed the upside. The […]


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