The euro continues to edge lower against the US dollar on Friday, with the single currency coming under selling pressure over fears about possible US trade tariff on German imports. The key technical support region to watch is 1.1260 level, sustained weakness below this area is likely to provoke selling towards the 1.1215 level. The 1.1310 level is currently proving strong resistance on any short-term technical corrections higher.
The EURUSD pair is heavily bearish while trading below the 1.1260 level, key technical support is found at the 1.1248 and 1.1215 levels.
If the EURUSD pair moves above the 1.1290 level, buyers may test towards the 1.1310 and 1.1330 resistance levels.
For traders: our Portfolio of forex robots for automated trading has low risk and stable profit. You can try to test results of our forex ea download
Signal2forex reviews
Install your trader software at VPS server of one of the super fast providers:
Finance news
 Stock futures are little changed ahead of key inflation readingStock futures were little changed in overnight trading Tuesday ahead of a key inflation reading.Futures ... Read More  From Estee Lauder to Apple, big companies say China’s Covid restrictions are hitting businessFactories in China affected by Covid lockdowns can conditionally resume work, by housing workers on-site ... Read More  Fears of a Fed mistake grow as this week’s anticipated interest rate hike loomsJerome Powell, Chairman of the U.S. Federal Reserve, attends the National Association of Business Economicseconomic ... Read More |
