EUR/USD: At 200 Wk Avg; USD/JPY: At Daily Cloud

EUR/USD came under pressure all last week – the 2012- 2014 uptrend has given way and the market has sold off to the 1.3424 200 week ma, notes Commerzbank. “A negative bias will remain entrenched below the 1.3565 downtrend. Around here we also find the 1.3391/1.3385 55 MONTH ma and the base of t…

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EUR/USD: At 200 Wk Avg; USD/JPY: At Daily Cloud – Commerzbank

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