EUR is moving toward daily high versus USD
3/7/2017 3:27:36 PM
The request for the single currency is now receiving jump, raising EUR/USD to the limitations of 1.0598 the figure, or daily highs.
The now offered tone around the dollar is permitting spot to regain the upper end of the range in the 1.0598 vicinity.
At the moment the pair is up 0.14% at 1.0590 and a failure of 1.0490 would aim 1.0450 on the way to 1.0344. On the upside, the next persistence seems at 1.0657 seconded by 1.0677 and ultimately 1.0680.
FOREX market analysis by FxErvin.