Forex Trading – EUR/USD
Yesterday, during the first trading hours euro began lowering its value and during the US session it reached 1.2840-1.2965 USD. This morning the currency pair is trading at 1.2955-1.2965. According to the analyses of Trading212, if euro breaks the resistance levels at 1.2965-1.2980 USD, the aim will be reaching and testing the zone 1.3000-1.3020 USD. If it is successful, the upward trend will continue to 1.3045-1.3065 USD. If euro drops below the support levels at 1.2955-1.2930 USD, it will try to find a next support at 1.2900-1.2880 USD. In case of breaking down, the downward trend will continue to 1.2850-1.2830 USD.
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