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Monday, February 13, 2023

Technical: EURUSD pauses its southern move slightly below 1.0700

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Alert Alert Feb 13, 2023, 5:43pm
 
Technical: EURUSD pauses its southern move slightly below 1.0700
{video}EURUSD is flirting with the 1.0670 support level, falling below the medium-term upward sloping channel and the short-term simple moving averages (SMAs). The MACD oscillator is weakening below its trigger line and near the zero level, while the RSI is moving sideways below the neutral threshold of 50. If price action remains above 1.0670 (immediate ...
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