FXstreet.com (San Francisco) - The Euro is extending loses against the Greenback today's session after yesterday small bounce at 1.2255 but today the EUR/USD has fallen from 1.2330 to break previous lows and it is reaching levels below 1.2250.
"EUR/USD touched a two-year low but closed marginally above the June 1 low of 1.2088," comments Ashraf Laidi, global market analyst. "Pointing to the possibility of a small bounce, perhaps to 1.24, before the next leg down to 1.20."
"EUR/USD touched a two-year low but closed marginally above the June 1 low of 1.2088," comments Ashraf Laidi, global market analyst. "Pointing to the possibility of a small bounce, perhaps to 1.24, before the next leg down to 1.20."
