The EUR/USD is still trading on the low ground following the Turkish crisis. Has it found a bottom? The Technical Confluences Indicator shows that the 1.1392 level is robust congestion of technical levels. This includes the 52-week low, last month’s low, last week’s low, the Fibonacci 61.8% one-day, the Simple Moving Average 10-4h, and the Bolinger Band one-hour low. Further down, 1.1365 is […]
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