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EUR/USD Extends The Sell-Off

EUR/USD has finally started another leg lower on the Daily chart. Is trading in the red and should hit fresh new lows in the upcoming period. The net downside target will be at the median line (ml) of the minor descending pitchfork, could be attracted by the confluence area formed at the intersection between the median lines (ml).

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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