EUR/USD BREACHES 1.0700

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The minor-recover seen in the EUR/USD pair lost legs just below 20-DMA, knocking-off the rate briefly below 1.07 handle.

Currently, the spot drops -0.44% to hover near fresh session lows of 1.0695, as the bears fight back control amid renewing buying interest seen behind the greenback versus its major rivals. The USD index rises +0.32% to 100.17, having posted daily tops at 100.21.

Current exchange rate of EUR/USD is1.0694.

Our Latest recommendation:

Sell EUR/USD pair as it is going down in Forex Market.

 
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