EUR USD stays above slight gains in forex market
1/26/2017 12:39:30 PM
At present, the spot now trades +0.07% higher at 1.0762, retreating a dip to near daily lows of 1.0754. The EUR stays better bid against its American rival.
While a phase of bearish merging in the dollar against its main competitors, also keeps additional upside in check in EUR/USD, leaving the spot floating within a significant distance of 7 week tops got 1.0777 earlier this week.
In technical viewpoint, the pair finds the immediate persistence 1.0777. A break beyond the last, doors will open for a test of 1.0815 and from there to 1.0844. On the other hand, the immediate support is located at 1.0710 below which 1.0655 and 1.0644 could be tested.
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