EUR/USD gave a fight against the dollar’s storm across the board, but eventually surrendered and loses the 1.30 line.
1.2960 provides support, followed by 1.2880. Resistance is at 1.3050.
The move began with the better than expected jobless claims in the US, continued with USD/JPY storming above 100 and continued with ongoing pressure of the dollar against all other currencies across the board.
For more, here is the EUR/USD forecast and a live chart of EUR/USD:
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More: Fasten your seat belts – more turbulence ahead
