Forex Brokers Award 2021
Vote your favourite broker

Euro Drops On Dollar Strength

Apr 17 2020, 06:20 PM (BDT) |


EURUSD is down over 0.70% intraday. The declines come as the USD is strengthening for the second consecutive day.

Following yesterday’s pullback from the initial decline to 1.0860, the price level near 1.1055 held up amid selling pressure.

This saw the euro currency reversing direction posting a steep fall.

The lower support area near 1.0787 will most likely be tested as support once again.

At Orbex, the client is at the heart of everything we do and everything we do is designed to guarantee your satisfaction. Here’s how Forex Trading with Orbex will enhance your trading experience: Best-in-class customer service, including live chat and free webcall One-hour response time for sales and support requests Multiple asset trading and ECN accounts on MT4 0.9 pip fixed spread at ZERO commission Up to 1:500 leverage