EUR Trading in a cautious mood versus USD
5/1/2017 10:33:37 AM
After trying the region of 2017 tops near 1.0953 on Friday, EUR/USD has started this week somewhat on the cautious and turning around the 1.0893 area.
Currently, the pair is losing 0.071% at 1.0890 facing the immediate support at 1.0853 supported by 1.0838 and ultimately 1.0807. On the other hand, a break above 1.0951 would aim 1.0960 on the way to 1.1003.
FOREX market analysis by FxErvin.