EUR/USD targets 1.1295 after losing 1.1400

EUR/USD extended its gradual slide, dipping below the round number of 1.1400. Can it recover? The technical levels suggest it may not be that easy. The Technical Confluences Indicator shows that the pair faces resistance at 1.1404 which is the confluence of the Bollinger Band 4h-Lower, the Simple Moving Average 10-15m, the SMA 5-1h, the BB 15-minutes Middle, and the […]

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