The common European currency fell after it began Thursday's trading just below the Brexit low level of 1.0912 against the US Dollar.
EUR/SEK charted some distinct patterns over the last four years, beginning with an almost three year long channel up, followed by a one and a half year rectangle and currently hovering inside of a junior channel up, which led the pair to exit the rectangle to the upside after the 9.6061.Weekly ChartWe identify 9.4227 timed at the week ending April
The New Zealand Dollar struggled with a resistance cluster located from 0.7169 to 0.7195 against the US Dollar.
The US Dollar surged by mid-Wednesday against the Canadian Dollar, as the currency exchange rate began the day's trading session above a cluster of levels of significance.
Tuesday ended with the Australian Dollar successfully inching higher against the Greenback, thus, breaching the tough resistance cluster around 0.7630.
Although the Euro's bullish development was limited yesterday, it was still sufficient to climb over the weekly pivot point.
The yellow metal surged on Wednesday morning, as it was ignoring the strength of the US Dollar and broke through two resistance levels and was about to break the last remaining resistance of the cluster.
Upon reaching the 1.21 level yesterday, the Sterling recovered from most of its intraday losses, resulting in an overall decline of 45-pip.
Although the bullion remained almost unchanged on Wednesday morning, the yellow metal broke out of the deadlock and became once more volatile by the end of Tuesday's trading.
The New Zealand Dollar had slightly surged against the US Dollar by midday on Tuesday.
After playing above the trend line and teasing traders with a possible continuation of the surge the USD/CAD currency exchange rate had retreated back to the long term ascending channel on Tuesday.
Even though the Aussie experienced some volatility on Monday, ultimately it remained completely flat against the US Dollar.
There were no surprises in the EUR/JPY pair's performance yesterday, as it underwent the anticipated correction, with the weekly pivot point limiting further gains.
The yellow metal struggled to find support on Tuesday morning, as the metal bounced around the weekly pivot point at 1,263.46.
On Monday the USD/JPY pair reached the upper border of its consolidation trend, meaning that there was a 30-pip rally.
Even though the Cable currency managed to recover from its intraday losses yesterday, the immediate resistance area still remained intact.
The common European currency remained unchanged against the US Dollar on Tuesday morning, compared to the level of opening on Monday morning.
AUD/CHF dug into levels beneath 0.7367, the crisis-low, starting December 2014 and did not return above the zone of interest until July this year. While levels under 0.6548 - this year's ultimate low - could prove unattainable, the pair shows trouble for the bullish market to extend. On a general scale, an immediate downtrend is rather likely, but not below
The Kiwi continued to depreciate against the US Dollar on Monday, as the currency exchange rate had reached below the 0.7150 level by mid-day on Monday.
As the Canadian Dollar lost value against the US Dollar, the USD/CAD currency exchange rate surged above the large scale rising channel pattern's upper trend line on Friday.
The Australian Dollar behaved according to expectations on Friday, having experienced another decline against the US counterpart, but remaining above the 0.76 major level.
The European currency continued to decline against the Japanese Yen on Friday, but managed to retain its position above the 113.00 major level, despite having initially reached the 112.60 mark.
Due to lack of market movers, the US Dollar remained relatively unchanged against the Japanese Yen on Friday.
There were no surprises on Friday, as the GBP/USD currency pair experienced the anticipated decline, also managing to remain above the 1.22 major level.