EUR/USD, 1.0450/500 on sight
The pair is falling for days after US elections and the sellers have reached weekly support level from January 2016 at 1.0650/700. This level could be important for furder move and if buyers fail to hold, 1.0450/500 will be the next target for sellers, the multiyear low and major support for the EUR/USD. As that could be third attack in the last 20 months, it could be in danger to be broken. That’s why, in my oppinion, we should follow the move and see where the pair will close this week, after wich could become more interesting here. December and FED’s interest rate decision is near and that’s why we should make plans and predictions how to take an advantage of the next possible stronger moves in the main currency pair.