Comparing market performance graph
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Euro sellers keep the heat on as we push through 1.0600

1.0589 the new low now and stops are said to be in place should 1.0590 go fully

A break here could well see a swift move down to the next large support at 1.0550. The 12 Apr low at 1.0515/20 will be the protection of 1.0500

At the moment it's looking like there's not a lot in the way to the years low at 1.0460

EURUSD weekly chart

EURJPY has helped keep the pressure on as it breaks 130.00 and runs stops down to 129.85

Stops are noted at 129.80 now

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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