1.3930 Fibo support under threat in EUR/USD

Source: www.forexlive.com

EUR/USD continues its slide, nearing 1.3930, the 61.8% rtetracement of the 1.3800/1.4145 rally. A break suggests price could dip back to the key support level at 1.3800.

Oil is giving back some of its gains after proving more resilient than the other commodity markets this afternoon. Crude is at 70.60 at writing.


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