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For one more week the EURUSD was under selling pressure, despite the fact that the US NFP data came in lower for this month as well though the figures were revised higher for the last month. EURUSD hit the weekly low at 1.1910, it started the week from around 1.21 area. The Euro has been in a bearish mood since mid-April, and this week broke below the important 200 day MA just to turn the longer momentum also to bearish.
First support for the EURUSD is the Friday’s low at 1.1910 then at 1.1817 a…
First support for the EURUSD is the Friday’s low at 1.1910 then at 1.1817 a…