Forex Trading – EUR/USD
Yesterday, during the first trading hours euro began lowering its value and during the US session it reached 1.3115 from 1.3235 USD. This morning the currency pair is trading at 1.3175-1.3190.
According to Forex analyses, if euro breaks the resistance levels at 1.3190-1.3215 USD, the aim will be reaching and testing the zone 1.3235-1.3255 USD. If it is successful, the upward trend will continue to 1.3275-1.3300 USD.
If euro drops below the support levels at 1.3175-1.3145 USD, it will try to find a next support at 1.3125-1.3100 USD. In case of breaking down, the downward trend will continue to 1.3075-1.3050 USD.
