Today in currency trading the EUR (Euro) weakness was evident on all pairs. All of the EUR pairs dropped. There was also some NZD (New Zealand Dollar) and CAD (Canadian Dollar) strength in the market as well. This caused the EUR/CAD and EUR/NZD pairs to drop strong to the downside. The EUR/NZD should continue lower in the current strong downtrend, there is no historical support below the current price. The EUR/CAD has broken one support level and could continue much lower on the higher time frames. The live currency strength indicator you see below is The Forex HeatmapĀ®, which provides live buy and sell signals for 28 pairs, including seven EUR pairs.
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