EURUSD: Unlikely to Remain Above 1.170 with Bearish Bias
The current EURUSD price trend may soon reverse higher despite the fact traders remain net-long.
The current EURUSD price trend may soon reverse higher despite the fact traders remain net-long.
It’s been a volatile day in GBP/JPY, with the pair rushing down to fresh two-month lows as driven by both GBP weakness and JPY strength. But with prices now finding resistance at a familiar Fibonacci level, the prospect of further downside remains.