EUR/USD Forecast: Signs Of Stability In Falling Wedge 22 July 2021: Bearish Momentum With A 1% Fall In The Last 30 Days


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(VIANEWS) – Although the euro fell initially during Wednesday’s trading session, it found sufficient support in the same region as we had over the past three days to turn the market around. We are now closing in on the upper end of the range. This does indicate that the market could move higher. I believe we will try to get out of this falling wedge. You can look towards the tops of this pattern by looking at the falling wedge, which is a bullish structure. DailyForex reports that the 200 day EMA stands at 1.1920, while the 200 day EMA...