EUR/USD, the bulls remain in control!

mario urlic forex eur-usd 04.02.

After breaking a very important level, in wich I have pointed in my previous EUR/USD analysis, the bulls got wings and continue to push higher today with high of 1.1169. The previous resistance 1.1070 has become strong support now and 1.1300 is possible next target for the buyers. This could be a very interesting month for the most traded currency pair to which all market players are focused. The US dollar slammed all over the market, there is a lot of stories behind that. I will write my point of view in the coming days. On the way back, 1.1120 is minnor support, 1.1045/70 the strong one!

Advertisements

One comment

  • thanks for sharing information.

    Liked by 1 person

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 )

Google+ photo

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

Connecting to %s