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Wednesday, January 10, 2018

[FOREX NEWS] Chinese USD Crash: EUR/USD jumps over one resistance line, halts at 1.20 for now


The report that China will slow or halt purchases of US bonds sent the dollar tumbling down across the board. The moves are quite significant and we are seeing nice reversals. We noted that EUR/USD has an impressive technical behavior so far in 2018. The world’s most popular currency pair seems to respect technical levels [...]

The post Chinese USD Crash: EUR/USD jumps over one resistance line, halts at 1.20 for now appeared first on Forex Crunch.



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