EUR/USD 1.1500 could test next week
Next week the market can start with a gap. today Trump-XI will talk about the tariff. The market is expecting something good form them. if the US responds positively about tariff the common currency will take a breath and can open by upside gap. There are other issues for EUR next week is EU-SUMMIT. Present governor Mario Draghi will ret.. next October so European leaders need to choose their next guardian.
form the technical view, if the market can close above 1.1415, next target would be 1.1437/1.1450 area. next target 1.1500/1.1515 and final target 1.1555/1.1570 area.
on the other hand, if US-CHINA trade deal collapsed EUR/USD must also drop. initial support is 1.1350, next target 1.1270. this area would be tough to break, but if broken next target 1.1180 and finally 1.1115/1.1100 area
form the technical view, if the market can close above 1.1415, next target would be 1.1437/1.1450 area. next target 1.1500/1.1515 and final target 1.1555/1.1570 area.
on the other hand, if US-CHINA trade deal collapsed EUR/USD must also drop. initial support is 1.1350, next target 1.1270. this area would be tough to break, but if broken next target 1.1180 and finally 1.1115/1.1100 area
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