Major European indices closing the day mostly lower ...Middle East

A snapshot of the closing levels are showing:

German DAX -0.06%France's CAC -0.34%UK FTSE 100 +0.23%Spain's Ibex -0.59%Italy's FTSE MIB -0.09%

Looking at the daily chart, the price is back within a swing area going back to 2021/2022 between 1.1482 and 1.15158. The high price reached in April extended beyond that area to 1.15726, but could not sustain the momentum.. A move back above that swing area would aspire toward the April high at 1.15726.

This article was written by Greg Michalowski at www.forexlive.com.

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