Current EUR/USD price is 1.1416, not much of a change since yesterday's levels. First support zone is current market price, while major resistance level is seen at 1.1580.
Chart: EUR/USD D1
Friday, May 6, 2016
EUR/USD On Hold
The EUR/USD is trading sideways today due to low volumes as traders and investors are anticipating the latest NFP data and Unemployment Rate. The announcement is due to take place in less than two hours. Be aware, however, that the event is going to cause heavy volatility if the actual data turns out to be different than the expected.
Current EUR/USD price is 1.1416, not much of a change since yesterday's levels. First support zone is current market price, while major resistance level is seen at 1.1580.
Chart: EUR/USD D1
Current EUR/USD price is 1.1416, not much of a change since yesterday's levels. First support zone is current market price, while major resistance level is seen at 1.1580.
Chart: EUR/USD D1
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Valuable information! Thanks.
ReplyDeleteEur/Usd is trading flat.
ReplyDeleteVery helpful article.
ReplyDeleteVery interesting! Thanks!
ReplyDeleteGreat analysis!
ReplyDelete