EUR recoil to lows versus USD in Forex market
4/4/2017 9:59:08 AM
According to Forex market EUR/USD is seen to reaching to daily lows at 1.0655.
After yesterday’s positive session, the pair now appears to have continued the bearish trend, testing the lower end of the range around the mid-1.0605s and expanding additional the refusal from last week’s tops beyond 1.0895 the figure.
At the moment the pair is losing 0.13% at 1.0657 facing the immediate support at 1.0640 followed by 1.0625 and ultimately 1.0603. On the other hand, a breakout of 1.0685 would goal 1.0707 on the way to 1.0717.
FOREX market analysis by FxErvin.