EUR/USD Price Analysis: 55-Day Simple Moving Average Capping Upside Movement
The EUR/USD currency pair is one of the most actively traded in the world, and its price movements are closely watched by traders and investors alike. Recently, the 55-day simple moving average (SMA) has been capping upside movement in the pair. In this article, we will take a closer look at what this means for the EUR/USD and how traders can use this information to inform their trading decisions. The 55-day SMA is a technical indicator used to measure the average price of a security over a given period of