EUR/USD Uptrend Pauses as Buyers Digest Strong Gains

Looking at the 4-hour chart, the pair settled above 1.1600, the 100 simple moving average (red, 4-hour), and the 200 simple moving average (green, 4-hour). The pair climbed above 1.1700 and traded as high as 1.1711 on TitanFX before it started a consolidation phase.

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Source: Action Forex

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Category Forex

Source Action Forex

Published 4 weeks ago

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News ID #9,642

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