EUR USD Trading News during forex market activities
1/17/2017 1:29:48 PM
According to market EUR/USD expanded the break above 1.0615 handle, as emphasis stays on the impending macro news for more momentum.
At present, the spot now developed +0.44% to flirt with daily highs of 1.0655 got some minutes ago. The EUR/USD pair broke the overnight integrative mode to the upside and rallied suddenly higher.
In technical viewpoint, the pair finds the immediate persistence 1.0670. A break beyond the last, doors will open for a test of 1.0690 and from there to 1.0755. On the other hand, the immediate support is located at 1.0590 below which 1.0555 and 1.0535 could be tested.
FOREX Fundamental Analysis
Written by FxErvin