EUR/USD outlook: Consolidates above key supports ahead of US inflation data

EURUSD remains in extended consolidation under new 3 ½ month high (1.1711) with action holding above broken Fibo barrier at 1.1648 (61.8% of 1.1849/1.1324 descend) that maintains bullish bias (despite initial negative signals from long upper shadows on Thu/Fri daily candles) and keeps the upside in

EUR/USD outlook: Consolidates above key supports ahead of US inflation data
EURUSD remains in extended consolidation under new 3 ½ month high (1.1711) with action holding above broken Fibo barrier at 1.1648 (61.8% of 1.1849/1.1324 descend) that maintains bullish bias (despite initial negative signals from long upper shadows on Thu/Fri daily candles) and keeps the upside in

Share

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0