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Forex

6 november, 10:19
Euro still under pressure …

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The course of uniform European currency continues to bargain within the limits of an intermediate term descending trading corridor.

Today at the Asian session it was possible to observe repeated testing of strong support level 1.2800 which and has not been break that specifies in insufficient force of bears in the market.

At the same time about buying there is no at all a speech.

We expect …

Resistance levels: 1.2900/10 1.2950/60, 1.2980 1.3000/10, 1.3050, 1.3080, 1.3100

Current price: 1.2875

Support levels: 1.2870, 1.2850 1.2810/00, 1.2780/60 1.2750/40, 1.2710/00 1.2660/50, 1.2610/00

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