Euro / U.S. Dollar
Long

EURSUD - April 17th Week Trend Forecast

EURUSD is expected to bounce from its, lower bottom trending up channel and median bottom range support level which was rejected during closing of Friday the 14th 2017 and it is expected to bounce back up to test the median low range resistance level at 1.0680. Once it is breached to the upside, then the next target would be around 1.0830 which is the median top range Resistance level on daily. Ultimately, the target would be break through the neck line resistance level, with the support from the fundamental news..

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