EUR/USD closes in on key near-term support levels as the dollar takes charge on the day
“The US dollar is the prime mover so far in European trading, leading the way against most major currencies – only sits behind the stubborn NZD. That has seen EUR/USD fall to a low of 1.2331 on the day, breaking the 23.6 retracement level @ 1.2353 which has stemmed previous falls over the last two trading days” reports forexlive.com. Yesterday’s hawkish tone by the Fed also doesn’t do the dollar any harm during the interim. Source: forexlive.com Share This:
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