Tue, 25 Apr 2023 11:14:47 GMT
EUR/USD retreats after reaching 1.1060
The EUR/USD reached above the 1.1060 level at midnight to Tuesday. Afterwards, a decline started, as by mid-day the pair had reached below 1.1020.
If the pair declines even more, it could look for support in the 50-hour simple moving average at 1.1010, the 1.1000 mark and the combination of the 100 and 200-hour SMAs near 1.0990. Further below, note