EUR/USD targets 1.1235 if it loses 1.13

The EUR/USD is on the back foot after the Federal Reserve remained optimistic about the economy. Earlier, the greenback recovered from the initial drop resulting from the Mid-Terms. The Technical Confluences Indicator shows that the pair has some weak support 1.1341 where we see the confluence of the Fibonacci 23.6% one-week, the Bollinger Band 15m-Lower, the Simple Moving Average 5-15m, and […]

The post EUR/USD targets 1.1235 if it loses 1.13 appeared first on Forex Crunch.

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