EURUSD Technical Update – Week Of 20th/24th May

The euro/dollar has seen an extension of the prevailing downside trend on Friday, moving to a low of 1.2795, before retracing to the two day low area from Wed/Thur around 1.2840 – a longer term price pivot zone. Price is now threatening to take out prior support around the 1.2745 area. The 61.8% F…

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EURUSD Technical Update – Week Of 20th/24th May