EUR USD Struggles to make improvement in Forex market
5/25/2017 5:00:05 PM
The EUR/USD pair expanded its halt greater from a dip to 1.1173 area, after FOMC minutes persuaded broad based USD softness.
The pair has a strong static support at 1.1085, a possible bearish goal for the impending sessions, in the case of a deeper correction, with a break below it supporting sustained slides into the weekend. An upward speeding up through 1.1213 on the other hand, should favor another effort to retest November's high of 1.1303. Support levels: 1.1165 1.1122 1.1085 Persistence levels: 1.1213 1.1257 1.1305.
FOREX market analysis by FxErvin.