RSS EUR/USD Hits Last Year’s Lows, GBP/USD Drops Below 1.2400

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 RSS EUR/USD Hits Last Year’s Lows, GBP/USD Drops Below 1.2400

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This week, European and commodity currencies suffer. Euro sellers broke last year’s low of 1.0330 and stayed below 1.0300, the GBP/USD pair dropped below 1.2400, and USD/CAD buyers tested the 1.4400 level. EUR/USD EUR/USD buyers failed to capitalise on the potential bullish correction signalled by the “Inverted Hammer” pattern. After a false breakout above 1.0450, […]

The post EUR/USD Hits Last Year’s Lows, GBP/USD Drops Below 1.2400 appeared first on Action Forex.
 
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