Free Trial

Close Below 1.1400 Keeps Focus....>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Close Below 1.1400 Keeps Focus Lower 
EURUSD broke below the 1.1448 50% retracement from 2017 lows yesterday, which
saw losses accelerate to close below the 1.14 level.  The next key support level
is at the August lows of 1.1301 which are rapidly approaching. On the upside,
bulls need to close back above 1.1448 to improve the outlook and target the
1.1550 and 1.1600 resistance levels.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.