EUR/USD Buyers Weaken, As 1.1850 Turns Into Resistance

EUR/USD tried the 20 SMA on the H1 chart again today, but failed and turned lower

Skerdian Meta•Thursday, August 27, 2020•1 min read

The retrace higher is now over for EUR/USD

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ABOUT THE AUTHOR See More

Skerdian Meta

Lead Analyst

Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.