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Monday, May 29, 2017

[FOREX NEWS] EUR/USD drops to low support on Draghi, Greece

EUR/USD is clinging to support at 1.1120, but only just. This is one leg lower from the previous support line of 1.1160 and almost 150 lows from the cycle of 1.1266. 1.1120 worked as support back in October 2016 and returns to its old role. Further support awaits at 1.1050, followed by 1.0950, which was the initial [...]

The post EUR/USD drops to low support on Draghi, Greece appeared first on Forex Crunch.



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