International News
EURUSD highlighted a similar trend seen by GBPUSD. Upon the release of the GDP figures the pair fell from a high of 1.3408 to post a low of 1.3371. The pair corrected on the back of the FOMC statement to retrace upward to 1.3397. In the last three months, EURUSD has fallen from a high of 1.3980 to 1.3370, a 5% drop. Look for 1.3280 as the next level of support and further downside risk suggested [...]
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