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.