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Political uncertainty is taking its toll on the European majors and markets

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    General market theme Volatility in the financial markets remained elevated over the past 24 hours and the usual changes in direction were once again the main theme of the major currency pairs’ price action. During the past few days we’ve seen a bearish rally for the European majors, the Euro and the Pound that is, on the back of the upcoming Brexit referendum and the very real possibility that Britain will exit the European Union. Yesterday however what surprised us was a pause on that rally

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