EUR USD stays above slight gains in forex market
1/26/2017 12:39:30 PM
At present, the spot now trades +0.07% higher at 1.0762, retreating a dip to near daily lows of 1.0754. The EUR stays better bid against its American rival.
While a phase of bearish merging in the dollar against its main competitors, also keeps additional upside in check in EUR/USD, leaving the spot floating within a significant distance of 7 week tops got 1.0777 earlier this week.
In technical viewpoint, the pair finds the immediate persistence 1.0777. A break beyond the last, doors will open for a test of 1.0815 and from there to 1.0844. On the other hand, the immediate support is located at 1.0710 below which 1.0655 and 1.0644 could be tested.
FOREX Fundamental Analysis by:
FxErvin
