EUR/USD continues the downtrend, looking at 1.2700 next

The Euro continues to get sold off heavily again in today’s forex trading as Greece talks for a unity government collapsed today. Greece will now have to hold new elections and their is loud speculation of the Greeks leaving the euro currency.

The EUR/USD fell to the lowest level since the middle of January and looks to test 1.2700 soon. The low for the year was registered on January 13th at 1.2623.

EURO US Dollar

 

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