Thu, 25 May 2023 09:58:18 GMT
EUR/USD continues decline
As the markets switch to the safety of the US Dollar due to a possible US government default, the EUR/USD has continued to decline. By mid-Thursday, the currency pair had passed below the weekly S1 simple pivot point and reached the 1.0720 level.
An extension of the ongoing decline might look for support in the 1.0700 mark. Further below, note