After it became clear that the Greek Bailout Vote will have ended with "No", Euro gapped down 120 pips at the open. There was no follow through and the pair reversed shortly thereafter. Gap-closing rally ran out of steam soon after London opened for business.
The pair is currently hanging just above 100 DMA (~1.1040) which coincides with the March/April range top. Closing below it would imply further losses in the days ahead. Next layer of support comes in between 1.0945 and 1.0955 (Previous Wee…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –