EUR/USD Forecast: Euro could extend correction once it clears 1.0730

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EUR/USD Forecast: Euro could extend correction once it clears 1.0730
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EUR/USD recovered modestly after dropping to a new multi-month low below 1.0700 on Thursday. The pair's bearish bias stays intact but profit-taking an

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR /JPY .Investors will also pay close attention to comments from Federal Reserve officials.

On the downside, 1.0700 proved to be strong support. If that level fails, 1.0680 could be seen as next support before 1.0635 .Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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