EUR/USD Retreats from Highs While Key Support Holds Firm

Looking at the 4-hour chart, the pair traded below a bullish trend line with support at 1.1655. There was a clear move below the 50% Fib retracement level of the upward move from the 1.1511 swing low to the 1.1710 high.

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Source: Action Forex

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Category Forex

Source Action Forex

Published 3 weeks ago

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News ID #11,934

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