posted by
fx360
1424 days ago
in USD, EUR, Technical
The breakouts that we have been waiting for in the currency market are beginning to occur. The dollar sold off aggressively against the Euro, driving the currency pair out of its recent consolidation to an intraday high above 1.41. The more than 200 pip move in the EUR/USD was the strongest since May 8th. Although the U.S. dollar weakened across