EURUSD Clings to Support Following Impulsive Selloff

In Wednesday’s EURAUD commentary, I remarked at how the Euro was hanging by a thread against the U.S. dollar. The 230 pip single session drop on June 14 put sellers back in control, but Euro bulls have battled back this week.

Here’s why…

There is a trend line that extends from the 2017 low at …

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