Euro plummeted to fresh yearly lows with the sell-off now approaching downtrend support- battle lines drawn into NFP. Levels that matter on the EUR/USD technical charts.
U.S. stocks continue to look poised to trade higher in the near-term, but overall the rally is likely to prove corrective and not the beginning of a new trend.
EUR/GBP broke below its ascending channel with continued momentum after sources reported that UK Prime Minister Boris Johnson is likely to tender his resignation