EURUSD is consolidating between the curbing 200-period simple moving average (SMA) and the key support zone of 1.2052-1.2080 after the correction from the 32½-month high of 1.2349. The stabilising 50- and 200-period SMAs are promoting the horizontal picture, while the falling 100-period SMA and its recent bearish crossover of the 200-period SMA is nurturing a […]