On the first day of a new week, the EUR/USD pair receives new bids, which stops its recent decline from a six-month low reached last Thursday.
Spot prices continue to rise steadily intraday throughout the first hour of the European session, reaching a new daily high in the mid-1.0600s.
|
Daily SMA20 |
1.0475 |
|
Daily SMA50 |
1.0176 |
|
Daily SMA100 |
1.0086 |
|
Daily SMA200 |
1.0345 |
