EUR/USD Price Forecast: Recovery remains fragile below key moving averages

Currencies16 October in 06:13

EUR/USD struggles to extend its gains on Friday as the US Dollar (USD) steadies after coming under heavy pressure on Thursday. At the time of writing, the pair trades around 1.1230, below an intraday high of 1.1269, but remains on track for its first weekly gain in six weeks.

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EUR/USD Price Forecast: Recovery remains fragile below key moving averages — Iconic image — does not represent a real event.

EUR/USD struggles to extend its gains on Friday as the US Dollar (USD) steadies after coming under heavy pressure on Thursday.

At the time of writing, the pair trades around 1.1230, below an intraday high of 1.1269, but remains on track for its first weekly gain in six weeks.

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EUR/USD Price Forecast: Recovery remains fragile below key moving averages

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