EUR/USD, stuck between 1.127 and 1.137 for the second time!

eur-usd 11.02.

Before and after this two times ‘roller coaster’, EUR/USD is driving between 1.1270 and 1.1370. Bulls are holding on the way down, bears on the way up but, based on what we seen here, the pair is more favorable to the bears. Could buyers turn the situation from 1.1230/70 or they will retreet to the lower levels toward 1.1100?

Advertisements

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 )

Google+ photo

You are commenting using your Google+ 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