Euro loses ground against its European competitors

The Euro continues under pressure as Asian stock markets are in red today, with Nikkei 1.7% down, and risk aversion intensifies across the board. 

The Euro keeps losing ground against the Swissy and recently EUR/CHF posted a fresh all time low below 1.3600; the European currency hit 1.3584 before picking up to the 1.3600 area where it is currently hovering.

EUR/GBP also fell further and reached a fresh low at 0.8269, not seen since June 11th. Currently the pair trades close to daily lows at 0.8270, 0.13% below Wednesday’s opening price. To the downside support levels lie at 0.8260 and 0.8210. Resistance levels could be located at 0.8285, 0.8325 and above at 0.8380.

• EUR/GBP
• EUR/CHF

EUR/GBP (Jun 23 at 08:34 GMT)

0.8276/78 (-0.06%)

H 0.82895 L 0.8267

S3	S2	S1	R1	R2	R3
0.8228	0.8248	0.8269	0.8278	0.8299	0.8319

[?]Trend Index	[?]OB/OS Index
Strongly Bearish	Neutral
Data updated on Jun 23 at 06:28 (15-minute timeframe)

• 1W

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