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EUR/USD Outlook: Negative Fundamentals Weigh Heavily and May Stall the Recovery

The Euro eases on Friday but is on track for the first bullish weekly close in six weeks that adds to positive signals as Doji reversal pattern is forming on weekly chart. On the other side, fresh bulls face difficulties at pivotal Fibo barrier at 1.1069 (38.2% of 1.1494/1.0806), although Thursday’s action registered a close […]

The post EUR/USD Outlook: Negative Fundamentals Weigh Heavily and May Stall the Recovery appeared first on Action Forex.

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