The EUR/USD has retreated to once more confirm the lower trend line of a dominant pattern.
The EUR/USD trades between the 200-hour and the 55-hour SMAs.
The EUR/USD has punched through the strong support cluster at 1.1460.
On Thursday morning the EUR/USD had plummeted down to the 1.1480 mark.
The EUR/USD has booked a new high level by touching the 1.1620 mark.
The rate has continued to trade near the 1.16 mark.
On Monday morning EUR/USD remained near previous day's trading levels.
The EUR/USD has reached the targeted level at 1.1610.
The surge of the EUR/USD continued on Thursday.
On Wednesday, the EUR/USD was trading in limbo around the 1.15 mark.
The EUR/USD is booking new low levels, as
On Monday, the EUR/USD continued to decline and was set to once more reach the 1.1462 level.
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.