EUR/USD Dropped Below 1.0800

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<p>On Wednesday, the EUR/USD currency pair broke the local support level at 1.0820. During today’s morning, the pair dropped below the weekly S1 at 1.0797. Given that the exchange rate remains under pressure if the 55– and 100-hour SMAs near 1.0840, it is likely that some downside potential could prevail. Note that the nearest possible […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/289557-eur-usd-dropped-below-1-0800/">EUR/USD Dropped Below 1.0800</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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