EURUSD 1.0784 Support

The euro currency is starting to test above the 1.0800 level against the US dollar, after the pair found interim support from the 1.0784 level. Going forward, further weakness below the 1.0784 level could see the EURUSD pair falling towards the 1.0750 level. Sustained strength above the 1.0840 resistance level could see the EURUSD pair testing back towards the 1.0880 level.

The EURUSD pair is only bullish while trading above the 1.0880 level, key resistance is found at the 1.0930 and 1.0990 levels.

The EURUSD pair is bearish while trading below the 1.0880 level, key support is found at the 1.0784 and 1.0750 levels.

Octa
Octahttp://octaengine.com/c/?p=203&bt=gif&b=2369
Octa (formerly OctaFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 180 countries with more than 40 million trading accounts.

Featured Analysis

Learn Forex Trading