EURUSD H1 Trend Watch !
EUR/USD set to hold above 1.1200 into the end of the week.
EUR/USD enlisted unassuming additions on Thursday and keeps on edging higher toward 1.1250 on Friday. Financial experts at ING expect the world's most famous money pair to hold above 1.1200 into the end of the week.
Holding above 1.1200 for the present
"We consider the euro to be as yet powerless because of the Covid circumstance in Europe which is further enlarging US-EZ rate assumptions."
POSSIBLE MARKET MOVES { Technically }
A one time tested Verified support level has been formed @1.11852 and presently the price is testing an Untested Resistance point @1.12732.
Technically, a break above next resisting barricade @1.12903 could turn out to be a further price movement upward.
Otherwise, a break below our VERIFIED support level means 1.10... is inevitable.
Trade wisely and observe every risk management measures !
EUR/USD enlisted unassuming additions on Thursday and keeps on edging higher toward 1.1250 on Friday. Financial experts at ING expect the world's most famous money pair to hold above 1.1200 into the end of the week.
Holding above 1.1200 for the present
"We consider the euro to be as yet powerless because of the Covid circumstance in Europe which is further enlarging US-EZ rate assumptions."
POSSIBLE MARKET MOVES { Technically }
A one time tested Verified support level has been formed @1.11852 and presently the price is testing an Untested Resistance point @1.12732.
Technically, a break above next resisting barricade @1.12903 could turn out to be a further price movement upward.
Otherwise, a break below our VERIFIED support level means 1.10... is inevitable.
Trade wisely and observe every risk management measures !
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