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EUR/USD Nears a Turning Point After Prolonged Consolidation

Reported · Written up by our desk · Major Pairs

Key Highlights EUR/USD started a consolidation phase above the 1.1120 support. A possible bullish flag is forming with resistance at 1.1240 on the 4-hour chart. GBP/USD might aim for a fresh increase if it clears the 1.3420 resistance. Gold prices extended losses and declined below $4,000. EUR/USD Technical Analysis The Euro found support near 1.1120 […] The post EUR/USD Nears a Turning Point After Prolonged Consolidation appeared first on ActionForex .

Latest closeGold $4,010.00 ▼1.2%|EUR/USD 1.120 ▼0.3%|GBP/USD 1.337 ▼0.2%

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Action ForexEUR/USD Nears a Turning Point After Prolonged Consolidation

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