EUR/USD vulnerable

Friday, 28/04/2017 | 07:16 GMT

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The 23.6% retracement of the April rally on EUR/USD is already being tested. If this falls, look for a retreat down to the week’s lows around 1.0820.

Gold is looking at further losses on the daily chart with the 200 day moving average and the 50% retracement of the sell-off from H2 2016 likely to provide support around the $1250.50 level.

This article comprises the personal view and opinion of the STO Investment Research Desk and at no time should be construed as Investment Advice

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