EUR USD Merging its improvement in Forex market
6/30/2017 8:24:40 AM
The EUR/USD pair was seen merging its recent improvement to 13-month highs and fluctuated within a 18-pips thin trading range just below mid-1.1398s.
The pair is probable to aim towards testing the key 1.1505 on the way its next main obstacle near 1.1533 area.
On the other hand, the 1.1405 round figure mark now appears to act as immediate support, which if broken might ready traders to take some profits off the table and drag the pair towards 1.1344 intermediate support ahead of the 1.1303 handle.
FOREX market analysis by FxErvin.