EUR/USD, sharply up during the Fed's Yellen!

eur-usd 17.06.

Interesting day, isn’t it!? EUR/USD fell down to 1.1200 support once more, after wich the pair get wings during the Fed’s Yellen press conference, reached 1.1357 high for now. Regardless of the strong bullish trend, the euro didn’t manage to catch 1.1380/90, the previous resistance from June 04./06. Could it be reached until end of the day? 1.1350 is the resistance from yestreday and that level is holding now. Is it to late for more gain? Possible, but it cold be interesting during the Asian sesion as well. Greece is still weight here, there is no doubt about that, otherwise the 1.1450/60 would be caught easily.

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 )

Facebook photo

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

Connecting to %s