Chart of the Day: EUR/USD


We draw the attention of our dear traders that today major news will be broadcast related to leading indicators that will significantly affect currencies’ movement specially the EUR/USD.
As we notice now that this later pair is trading above the Moving 20.50.14 which signals an upward move reaching 1.4714-1.4724 that if succeeded in breaching it high, the next target will be towards 1.4800.
As for the major support level, it’s at 1.4525.

MBCFX Forex & CFDs Brokerage Firm