Analysis

EUR/USD: Euro regroups at 110.480 after U.S. dollar rallied

The Euro did not quite get an opportunity to recover from its previous drop. The Euro made two attempts at 1.10950 but failed. The Euro suffered further losses following U.S. and china agreement to lift tariffs which saw the dollar continued its rally and was pushed the Euro further down to around 1.10480 support. The Euro trades at around 1.10480 support at the time of writing and needs to remain above this level to head back up to 1.10640 and 1.10790; support is at around 1.10295

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.