Midday Update EUR / USD 17-01-2018

in #euro • 7 years ago

The EUR / USD pair continued to decline this morning to approach the pivotal support at 1.2195, and as long as the price is above this level, our bullish outlook remains valid for today, waiting for a breach of 1.2300 to confirm the extension of the upside wave towards 1.2565. On further decline and visit the 1.2092 areas before any new positive attempt.

The trading range for today is among the key support at 1.2195 and resistance at 1.2350

The general trend for today is bullish

#market #us #economy #forex
7 years ago in #euro by
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     7 years ago 

    Upvoted nice post keep it up

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       7 years ago 

      I think in a few years, the dollar will exceed euro.

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