EURGBP broke support area Likely to fall to support level 0.8475 EURGBP currency pair just broke the support area set between the support level 0.8535 (which reversed the price twice earlier this week) and the 38.2% Fibonacci correction of the earlier sharp upward impulse from July. The breakout of this support area is aligned with […]
Key Highlights EUR/USD started a fresh increase above the 1.0750 resistance zone. A short-term rising channel with support at 1.0800 on the 4-hour chart. GBP/USD surged above the 1.2850 and 1.2880 resistance levels. Crude oil prices dived below the $68.00 support zone. EUR/USD Technical Analysis The Euro started a decent increase above the 1.0750 resistance […]
The post Euro Strengthens—EUR/USD Begins Smooth Uptrend appeared first on Action Forex.
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