EURUSD withdrawals to lows during FX market
10/24/2017 11:25:09 AM
After trying the area of 1.1723 at the start of the week, EURUSD appears moved up as high as the 1.1775 area, just to miss several momentum soon afterwards.
Currently, the pair is up 0.06% at 1.1757 and a break above 1.1861 would aim 1.1886 on the way to 1.1909. On the other hand, the next support is placed at 1.1723 seconded by 1.1691 and ultimately 1.1666. Furthermore TCI notes important persistence area around 1.1775/87, ahead of the more appropriate 1.1813 zone.
FOREX market analysis by FxErvin.