FX & CFD trading involves significant risk
Recovers back above $1.6300, after posting lows during the European morning of $1.6285. Rate currently trades around $1.6310. Bids now seen placed between $1.6285/80 with stops below, a break to expose next support at $1.6270/65. Below here and rate can sink toward $1.6250/45 ($1.6245 61.8% $1.6058/1.6548), with more stops sub $1.6240. Resistance now seen at $1.6325/35.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.