A new lower low in EUR/USD price could activate more declines. False breakdowns could signal a new leg higher. 07 psychological level stands as a potential target. The EUR/USD price slumped after the US Non-Farm Payrolls, Average Hourly Earnings, Unemployment Rate, and Revised UoM Consumer Sentiment came in better than expected on Friday. –Are you…
The post EUR/USD Price Pauses Downside Amid Oversold Conditions appeared first on Forex Crunch.
Read Full Story
Latest posts by Forex Crunch (see all)
- USD/JPY Price Analysis: BoJ’s Inaction Weakens Yen - April 26, 2024
- GBP/USD Outlook: Dollar Slides on Disappointing GDP Figures - April 26, 2024
- USD/JPY Outlook: Yen Loses Ground Ahead of BoJ Statement - April 25, 2024