Daily Analysis of EUR/USD

Daily Analysis of #USDCAD
November 3, 2017
Daily Analysis of GBP/USD
November 6, 2017

Daily Analysis of EUR/USD

During the trading hours on Friday, the euro lowered its value from 1.1656 USD to 1.1601 USD. This morning the currency pair is trading at 1.1611 USD. According to the analysis of Forex Markex Signals, if euro breaks the resistance levels at 1.1646 – 1.1661 USD, the aim will be reaching and testing the zone 1.1714 – 1.1721 USD. If it is successful, the trend will continue to 1.1738 – 1.1752 USD. If euro drops below the support levels at 1.1570 – 1.1555 USD, it will try to find next support at 1.1539 – 1.1531 USD. In case of breaking down, the downward trend will continue to 1.1479 – 1.1464 USD.

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