EUR/USD Price Analysis: Bears eye a move to 1.0050 – by fx_ross EURUSD Technical Analysis
1.0050 is eyed for the day ahead if the price remains below 1.0130.has been higher by some 0.7% in late North American trade as the bulls commit to trendline support, so far. However, the single currency is well below the start of the week's highs and peak formations are being printed on the hourly chart. The following illustrates a bearish bias from a short-term perspective as markets await the US inflation data on Tuesday: The price has formed a peak formation near 1.0200 and again at 1.
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