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EUR/USD still caught in a near-term battle just under 1.1800 for now

August 04, 2020 at 09:03AM

EUR/USD focus remains on key near-term levels to start the new week
Sellers tried to push for a downside move in trading yesterday but ran into support around 1.1700 and the 200-hour MA (blue line) before buyers kept near-term price action trapped in between the key hourly moving averages.
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Author: https://www.forexlive.com/technical-analysis/!/eurusd-still-caught-in-a-near-term-battle-just-under-11800-for-now-20200804 Selected by SYFX+

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