EUR is moving to lower range versus USD
7/20/2017 9:45:45 AM
According to Forex market, the single currency is trading advances with losses on Thursday, driving EUR/USD to the lower end of the range near 1.1512.
On the USD-side, the dollar keeps on a slight recovery following Tuesday’s fresh several-month lows in the 94.18 area when followed by the USD Index, currently navigating the 94.73 area ahead of the opening bell in Euro land.
Now, the pair is losing 0.04% at 1.1513 facing the immediate support at 1.1466 followed by 1.1388 and ultimately 1.1371. On the upside, a breakout of 1.1587 would aim 1.1619 on the way to 1.1715.
FOREX market analysis by FxErvin.