Chart of the Day: EUR/USD


The EUR/USD prices are trading along the lower level of the upward moving channel as shown on the chart at the 1.4343 level, that if breached low, it will signal the resumption of the downtrend.
Also, most of the indicators show dropping signals for this pair, therefore the following target will be towards 1.4250 then 1.4150; or else, should it retreat upward, it’s probable to reach the 1.4470  

MBCFX Forex & CFDs Brokerage Firm