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EUR/USD Retreats From 1.14 Level On Thursday

Discussion in 'Technical Analysis' started by Kaitlin, Jun 10, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    After the Euro scored gains against the US Dollar and passed the 1.14 level on Wednesday, the pair retreated on Thursday and fell to 1.13. Main reason for the depreciation of the European currency was Mario Draghi's gloomy warnings of EU being at lasting economic damage risk. However, some profit[​IMG]

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  2. Eliza Abrams

    Eliza Abrams Well-Known Member Trader

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    I think the pair will likely reach 1.1270.
     

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