EUR USD movements stopped near low
5/16/2017 12:52:28 PM
The upside movement around the single currency now appears to have lost some strength in Forex market, with EUR/USD alleviating some pips after recording fresh 2017 tops at 1.1048.
Currently, the pair is progressing 0.52% at 1.1037 and a break above 1.1048 would target 1.1075 on the way to 1.1305. On the other hand, the next support line up at 1.0981 followed by 1.0890 and ultimately 1.0840.
FOREX market analysis by FxErvin.