EURUSD has reached a new weekly low, slightly surpassing yesterday’s low of 1.2176. The next short term support level is the low from May 19, at 1.2142. Look to sell EURUSD on a break of support. Or for those who are more range traders, wait for a rally to sell EURUSD at a better price. May 26 (Bloomberg) — U.S. stocks fell as reports China may consider reducing investments in European government bonds spurred concern the […]
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