Chart of the Day : EUR/USD
As long as most of the news yesterday were negative for the dollar specifically the increase in the Initial Jobless Claims in the
the EUR/USD has strengthened and reached the 1.4518 level. U.S.,
As for now, the pair is trading at 1.4485, and it’s expected to test the lower levels of the upward moving channel 1.4390 1.4437.
However, should the prices retreat upward and don’t succeed in breaching the 1.4437 level, it’s probable to resume an uptrend reaching 1.4518
Posted by MBCFX