#EUR/USD#The EUR/USD currency pair has recently experienced a modest recovery, trading around the 1.0176 level. Despite this uptick, the intraday bias remains neutral, indicating a lack of clear directional momentum.
**Technical Analysis:**
- **Moving Averages:** The 5-day and 20-day simple moving averages (SMA) are positioned below the current price, suggesting a bearish short-term trend. Conversely, the 200-day SMA is above the current price, indicating a longer-term bearish trend
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.