EURUSD
The EUR/USD pair retreated from the resistance level of 1.0870
The pair still moving in the sideways channel that tends to rise, during yesterday trading it
Prices are moving in a sideways channel, and currently trading near to support level at 1.3430
The pair has risen with the beginning of trading day but it couldn't to exceed the resistance
The pair failed during yesterday trading to penetrate resistance level at 1.2845, so it pulled back
Currently prices approaching resistance level at 1.12, we expect that EURUSD rebounds from it
As we expected yesterday the has pulled back to 141.80, then bounced higher from this level, we expect prices to test 143.30 then 144. Current support will be at 141.80.
Prices pulled back since the beginning of trading day trading near support level at 49.50$,
Currently prices are moving inside an ascending channel, exceeding the upper line near to resistance at 0.7100 would send the pair higher to target 0.7130 then 0.7170. the pair would find support at 0.7030 then 0.6980.
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