EURUSD Trading News
3/15/2018 4:19:41 PM
The EUR is intermittent gains with losses against USD on Thursday and is taking EURUSD to the 1.2383 area, up smalls for the day.
The pair keeps directing the higher end of the current range, though it has once again hesitated just above 1.2422 the figure while the ‘double tops’ near 1.2455 keep on to cap the upside for now.
Currently, the pair is retreating 0.03% at 1.2367 facing the next support at 1.2275 seconded by 1.2210 and ultimately 1.2166. On the flip side, a break above 1.2440 would target 1.2541 on the way to 1.2562.
FOREX market analysis by FxErvin.