The EUR/USD is being pushed lower by the resistance of the 55-hour simple moving average.
The EUR/USD has continued its path downwards after reaching out to the resistance of the 1.16 mark.
The EUR/USD was heading for the 1.16 level on Wednesday.
On Tuesday, the EUR/USD fell down to the 1.1510 mark, where a weekly support level was located at.
On Friday morning the EUR/USD was aiming to reach the 1.1550 level.
The EUR/USD had reached a dominant support.
The EUR/USD touched the 1.1790 level once more.
The EUR/USD reached for the 1.1790 mark, as expected.
After reaching the 1.18 mark the EUR/USD pair was declining.
The pair has reached this week's target.
The EUR/USD has fluctuated in the previous day's trading range.
As forecast, EUR/USD is again heading for the 1.1720 level.
EUR/USD has reached 1.1720 mark, as expected.
The EUR/USD has gained more, as it was previously expected.
The EUR/USD traded above 1.17 mark on Friday.
Prior to the ECB rate announcement and press conference the EUR/USD had managed to break a descending pattern.
On Wednesday, the EUR/USD was expecting the fundamental data during the middle of the day.
On Tuesday, the EUR/USD surged as expected.
On Monday, the EUR/USD broke the pattern of the daily chart.
On Friday the EUR/USD remained near previous day's levels.
The combined strength of the support levels near the 1.1550 mark managed to push the EUR/USD higher.
The EUR/USD declined down to the previous target and touched it, as it was expected previously.
On Tuesday, the EUR/USD plummeted and was set to continue its decline as low as the combined support of the weekly and monthly pivot points at the 1.1550 level.
The EUR/USD currency exchange rate fell down below the 1.16 mark at the end of last week, but began to recover on Monday.