EUR/USD breaks below 1.1000, lowest since 2017
From fxstreet.com
EUR/USD has fallen below the previous 2019 low of 1.1027 and is nearing the psychologically critical level of 1.1000. It is trading at the lowest levels since 2017. Update: The world's most popular currency pair extends its slide and breaks below 1.1000. At the time of writing, EUR/USD's new trough is 1.0990. Below 1.1000, the next support lines are 1.0960, 1.0900, and 1.0810. Initial resistance awaits at 1.1027, followed by 1.1050, and 1.1090. The euro has been under pressure after euro-zone core inflation figures dropped to 0.9% Yoy and German retail sales plunged by 2.2%. The European Central Bank is set to ...
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