EUR/USD: Sellers stay in control but breaking below 1.16 is key - ConsultFX

EUR/USD: Sellers stay in control but breaking below 1.16 is key

Sellers need to hold a break below 1.1600 for the next leg lower to materialise ForexLive Friday's daily close was at 1.1602 and that means that buyers are still hanging on - albeit by a thread. Earlier in the day price action revolved around the 1.1600 handle and rightfully so. For sellers, they still retain near-term control