EUR/USD Technical Analysis: technical bounce from Tuesday bottom failing to capture 1.16

The Euro’s bounce from Tuesday’s low has run out of steam quickly, bidders will be looking for a jumping-in point. Hourly technical indicators aren’t looking good for buying opportunities for Wednesday. Thursday’s showing from the ECB’s Draghi could develop some momentum, but recent dovish showings bode poorly for long positions. EUR/USD Chart, 1-Hour Spot rate: […]

The post EUR/USD Technical Analysis: technical bounce from Tuesday bottom failing to capture 1.16 appeared first on Forex Crunch.

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