For some time this week upward movement of pair euro / dollar stayed in the field of 1.4675. Today was no exception: in the course of trading in Asia couple retreated from that level and fell to a low of 1.4550. According to currency analysts Mizuho, euro / dollar today may continue to decline to a mark 1.4500. As noted in the bank, the pair is consolidating in a narrow channel below the 9-day moving average. Today it is possible retest of 1.4500, which is 50% Fibonacci Retracement and 26-day moving average. In the case of upward movement, the resistance of bank analysts raise the levels of 1.4668, 1.4700/1.4725 and 1.4865. Currently, the euro / dollar traded at 1.4563.
No comments:
Post a Comment