EUR/USD, low from 2005. hold on the way up!

eur-usd 16.01.

In my previous analysis I wrote about this levels. 1.1570 hold the pair on yesterdays second decline and the pair rebound to 1.1640, previous support from 2005., which now has become resistance. Market is waiting for EUR CPI at 10:00 h (GMT),  that could be the trigger on the way up/down!?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s