Euro hits lowest in 6 and half months vs dollar
By X-blogger - on November 12, 2024The euro dropped to its lowest level in 6-1/2 months against the greenback as investors worried about possible U.S. tariffs that would hurt the euro area’s economy. Meanwhile, the U.S. dollar index slightly overshot the highs seen right after the U.S. presidential election.
The last session saw the Euro drop 0.5% against the Dollar. According to the Williams indicator, we are in an oversold market.
EUR/USD fell 0.5% in the last session.
Support: 1.0509 | Resistance: 1.0806
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