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EURUSD hits fresh 14-year low at 1.0339

EURUSD hits fresh 14-year low at 1.0339

EURUSD fell to fresh 14 year lows, breaking the low from December at the 1.03517 hitting the low for the day at 1.0339 the worst level since 2002. The strong USD supported by data showing strong ISM manufacturing and construction spending data. Bearish momentum came back as we enter the New Year and every rebound looks like a selling opportunity. Bearish momentum will change only if the pair climbs above the 1.0392 level.

 

 

 

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