Chart in Focus: Daily EURUSD
The EURUSD rotated lower early in today's session but by the New York close it had found support off the long-term level through 1.3000 and ended the day basically unchanged. If this market can remain buoyant above 1.3000 in the near-term, we could see a resumption of the recent uptrend. Whereas a move back below 1.3000 would likely lead to a significant move lower.
The EURUSD rotated lower early in today's session but by the New York close it had found support off the long-term level through 1.3000 and ended the day basically unchanged. If this market can remain buoyant above 1.3000 in the near-term, we could see a resumption of the recent uptrend. Whereas a move back below 1.3000 would likely lead to a significant move lower.
