EUR breaks lower

Author: Sean Lee | Category: News

EUR/CHF leading the way again with the 1.2400 level now comprehensively broken. No major follow through so far which is a bit surprising given the reports of huge stops but perhaps a lot of ammunition has been spent in making the break. The risky side remains down for the EUR although EUR/USD will run into bids again in the low 1.40’s so picking entry levels remains important.

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