EUR/USD continued its growth during last session, reaching 1.12. The beginning of the week should be a bit more stable as a new corrections is to be expected. Support is set at 1.11, resistance stays at 1.12.
The dollar grew a bit yesterday thanks to good reports and loosening the tension after Trump’s revelations. Yet, the recovery was limited, and the Euro bulls are not to be defeated lightly. Support and resistance stay the same, 1.10 and 1.12 respectively.
Even last week, no one saw the dollar coming to the price it used to be during the US presidental campaign. EUR/USD is destroying resistance like a bullet. Now, the resistance stays at 1.12, support remains at 1.10.
It’s been a long time since we last saw Euro going up for so long. Yesterday was completely dominated by Euro. The dollar was affected by Donald Trump. Support stays at 1.10, resistance is set at 1.11.
Euro has reached its top value this year, breaking resistance at 1.0950 and reaching 1.10 in the process. The reason for that was weak reports from USa and Donald Trump himself. The new support is set at 1.0950, resistance stays at 1.105.