EUR/USD looks more bearish than bullish at the wake of August

The EUR/USD dropped as the US Dollar stormed the board as July came to a close. In the wake of August, the technical picture looks bearish with the path of least resistance being to the downside. The Technical Confluences Indicator shows that a dense cluster of resistance lines awaits around 1.1686. The area consists of the Bolinger Band 4h-Middle, the […]

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