Sellers to take action with a drop below 1.1300since the beginning of the week, suggesting that recovery attempts remain technical in nature.”
“The 200-period SMA forms the first resistance at 1.1320. In case the pair stays below that level, 1.1300 aligns as first support before 1.1270.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.