EUR/USD to Track 50-Day SMA After Testing Former Support Zone - DailyFX
8/16/2022 12:00:00 AM2 years 8 months ago
by David Song
by David Song
EUR/USD may track the negative slope in the 50-Day SMA (1.0294) as it continues to fall back from the former support zone around the May low (1.0349).
EUR/USD Rate Talking Points EUR/USD threatens the opening range for August as it trades to fresh weekly low (1.0122), and the exchange rate may track the negative slope in the 50-Day SMA (1.0294) as… [+3389 chars]
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