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EUR/USD at Wedge Support; GBP/USD to Test Range Support

posted by Avatar FXTimes 323 days ago in USD, EUR, GBP made popular 323 days ago

The EUR/USD drifted lower from 126.20 area during the 7/4 Asian and European sessions, as anticipated in the previous update. As we get into the July 4 Independence day lull in the US session, the EUR/USD has made a new low for the week, sitting at the 1.2545, 50% retracement level seen in the 1H chart...
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