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Dollar New Zealand / Dollar AS
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EURUSD has started to drop nicely, potential for further drop!

Oleh Tickmill
Broker
EURUSD has started to drop really nicely after breaking our ascending support line and our Ichimoku cloud. We see potential for further downside movement below our major resistance at 1.2270 (breakout level, pullback resistance).
Our next major level of support is at 1.2083 (Fibonacci retracement, horizontal pullback support).

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Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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