EUR/USD: Volatility Drops Before Christmas
Goodday!
Last week the currency pairEUR/USD dropped till the 1.0990level. This level may support the asset’s price once it approaches the trendline:
The British pound has touched the 1.2995level, which also serves as an upper boundary of the broken range. This asset’s price has already left this range targeting the support zone.
The asset’s price can also pull from the 1.2770 level, located next to the uptrend:
The currency pairUSD/JPY left the uptrend and closed below the resistance zone, which isformed between the 109.70 and 109.50levels. Sofar, we assume that the asset might potentially drop:
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