Dear trader,
The EUR/USD pair added losses to its recent decline on Friday, with concerns over Spain’s fiscal health still dominating markets and turning investors away from riskier currencies. The dollar surged back as a safe-haven currency.
The daily pair close below the Ichimoku cloud signals further decline is expected; the next strong support lays at1.2800--1.2751 areas. Any rebound /correction to 1.3090—1.3110 provide opportunities to short EUR/USD.
Good luck for all
The EUR/USD pair added losses to its recent decline on Friday, with concerns over Spain’s fiscal health still dominating markets and turning investors away from riskier currencies. The dollar surged back as a safe-haven currency.
The daily pair close below the Ichimoku cloud signals further decline is expected; the next strong support lays at1.2800--1.2751 areas. Any rebound /correction to 1.3090—1.3110 provide opportunities to short EUR/USD.
Good luck for all
