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EUR/USD Dives On Harsh 'Brexit' Expectations

Discussion in 'Technical Analysis' started by Kaitlin, Oct 7, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The common European currency continued to depreciate against the US Dollar on Friday, as the currency exchange rate almost reached the 1.11 mark on early morning. During the early morning hours, the pair bent the lower Bollinger band and passed the first monthly resistance level at 1.1133. However, afterwards the[​IMG]

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