Chart of the Day : EUR/USD


The EUR/USD prices have succeeded in breaching the targeted level 1.4350 and continued its upward movement till reaching the 1.4406 then retreated downward.
As we notice that the prices are trading now at the high line of the upward moving channel 1.4373.And it’s expected today to retest the highest levels 1.4406 that if breached , the target should be 1.4440, otherwise should it retreat back , we expect to drop to the low level of the moving up channel



MBCFX Forex & CFDs Brokerage Firm