EUR/USD - 1.3922 Daily Market Outlook - Jul 7

  on

Despite the rebound from yesterday's low at 1.3876, as euro has fallen after meeting renewed selling interest at 1.3995, suggesting correction has possibly ended but a breach of said support is needed to confirm the decline from 1.4202 (last week's high) has once again resumed and extend weakness towards 1.3826.  
  
A break above resistance at 1.3995/99 would bring retracement to 1.4028 but 1.4050/60 should limit upside.

Join the Discussion