EURUSD Moving toward tops in Forex market
2/15/2018 3:40:38 AM
The broad-based selling pressure over the dollar is now forcing EURUSD to the area of fresh tops in the 1.2468/5 band.
The pair is sticking to its daily gains during the second half of the week and all at once it is merging the weekly upside well above the critical 1.2405 the figure.
At present, the pair is up 0.19% at 1.245 and a breakout of 1.2527 would aim 1.2541 on the way to 1.2603. On the other hand, the immediate support arises at 1.2357 seconded by 1.2210 and ultimately 1.2167.
FOREX market analysis by FxErvin.