The Euro started the week against the USD Dollar by reaching a new high level.
The EUR/USD currency exchange rate has continued the previously started surge by booking a new high level on Friday.
The EUR/USD currency exchange rate has surged and revealed a new medium term ascending pattern.
The common European currency has managed to pierce a long term resistance against the US Dollar.
On Tuesday, the EUR/USD pair retraced back up to the resistance, which reversed its previous surge.
The Euro bounced off the previously met resistance and declined down. However,
The Euro is likely to find support near 1.16 in this session.
EUR/USD falls in the morning closer to its one-year low at 1.1510 .
The Euro is likely to find support at 1.1615 today.
The Euro faces a strong resistance level which could reverse the pair back to the downside.
The Euro has begun a surge against the US Dollar in the aftermath of a consolidation.
The Euro is expected to make a bearish reversal near 1.1670 today.
A surge should follow if the 55- and 100-hour SMAs at 1.16 are breached.
The Euro still remains weak, thus trading near its one-year low.
The Euro remains trading in a short-term channel up.
EUR/USD remains weak near one-year low.
The Euro is calm this morning after the massive 2.28% plunge on Thursday.
The 55- and 100-hour SMAs could pressure the Euro higher today.
The strong plunge mid-Tuesday was stopped by the 200-hour SMA.
The Euro has fallen in a range between the 55-, 100- and 200-hour SMAs.
The Euro has accelerated against the US Dollar following a reversal from 1.1740 mid-Friday.
This session might be led by the 55-hour SMA.
The Euro still shows slight upside potential in this session.
EUR/USD shoots up unexpectedly early on Wednesday.