Euro bounces after test of yesterday's low

Technical Analysis

Author: Adam Button | eurusd

1.1764 was yesterday's low

1.1764 was yesterday's low

The euro is down 30 pips on the day and having a look at yesterday's low of 1.1764. It tested the level a few minutes ago and held but is having a look again.

Both the euro and sterling are under pressure at the moment as Treasury yields tick lower and 10s break through 1.15%.

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