EUR/USD failed to gather recovery momentum on Thursday and closed the second straight day below 1.0900. The pair stays relatively calm early Friday am
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR /JPY .Markets grow increasingly concerned about a slowdown in China's economy amid a deepening crisis in the real estate sector.
1.0860 aligns as immediate support. A 4-hour close below that level could bring in additional sellers and open the door for an extended decline toward 1.0820 and 1.0800 . If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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