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Monday, April 3, 2023

Technical: EURUSD pulls back after failing to surpass crucial zone

Forex Factory
 
 
Alert Alert Apr 3, 2023, 5:41pm
 
Technical: EURUSD pulls back after failing to surpass crucial zone
EURUSD had been steadily gaining ground since finding its feet at the March low of 1.0515. Nevertheless, the pair's rebound appears to be fading as the 1.0928 barrier has repeatedly rejected any price advances in the past two weeks. The short-term oscillators currently suggest that bullish forces are waning. Specifically, the MACD histogram is softening but ...
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