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- EUR/USD: Break below 1.1420 to open up the 1.1300 level – TDS
EUR/USD: Break below 1.1420 to open up the 1.1300 level – TDS
EUR/USD continues to drip lower. Economists at TD Securities expect the world’s most popular currency pair to dive towards 1.13 on a break below 1.1420.
EUR/USD is on a course correction lower
“We note that the momentum indicators continue to suggest a drip lower for EUR/USD.”
“1.1420 marks the next support marker but this does not look formidable. Below this, there isn't much in the way of support until 1.13.”
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