This morning, the EUR/USD broke below a support level and headed under 1.30 territory. For now the pair looks like it is recovering slightly from this down move and is probably going to retest the broken support zone of 1.30.In case of continuity of the down move, the pair could test the next support target at 1.2969, and a break lower could send the pair towards 1.2900.
IMOH, Clement I.
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