EUR USD moved to an integrative area
4/27/2017 11:38:21 AM
The single currency is broken gains with losses against its US Dollar on Thursday, taking EUR/USD to an integrative theme around 1.0910 the figure ahead of the ECB meeting.
The pair has rapidly recovered from yesterday’s dip to daily lows in the 1.0863 area, though a maintainable breakout of the 1.0910handle seems elusive for now.
At present, the pair is gaining 0.011% at 1.0907 facing the next hurdle at 1.0953 followed by 1.1010 and then 1.1297. On the other hand, a break of 1.0857 would goal 1.0853 on the way to 1.0822.
FOREX market analysis by FxErvin.