Currency Majors Technical Perspective


EUR/USD Current price: 1.3235 View Live Chart for the EUR/USD Dollar strength and European jitters remain firm, pushing EUR/USD to a daily low of 1.3211, from where the pair is currently bouncing slightly higher. Hourly chart shows indicators in extreme oversold levels, aiming for a limited bullish corrective movement, yet price holds near daily low which should keep the upside limited.  In the 4 hours chart the bearish momentum remains quite strong, supporting the overall bearish bias.

Comments are closed.