Euro / U.S. DollarShort
EUR/USD Struggles to Recover - Bears Dominate!
Updated
Today, EUR/USD pair continued to fluctuate in a narrow range below the 1.0900 mark during Thursday's trading session, holding on to recent heavy losses, after falling to a near two-month low the previous day.
Technically, the old support level has turned into a stiff resistance, making any recovery attempt difficult. Meanwhile, technical indicators and signals from EMA 34, 89 continue to favor the Bears, putting EUR/USD on the back foot against other rivals.
Good luck traders!
Technically, the old support level has turned into a stiff resistance, making any recovery attempt difficult. Meanwhile, technical indicators and signals from EMA 34, 89 continue to favor the Bears, putting EUR/USD on the back foot against other rivals.
Good luck traders!
Trade closed: target reached
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