The EUR/USD collapsed below the 1.1300 double-bottom to a 17-month low. The Fed, Italy, and Brexit are behind the downfall. The technical picture is bearish as the pair is not in oversold territory. The EUR/USD is finally out of the range, and with a bang. The world’s most popular currency pair broke below the double bottom at 1.1300 […]
The post EUR/USD tackling downtrend support after the collapse – 3 reasons appeared first on Forex Crunch.