Market Overview

Technical Forecast for EUR/USD

Technical Forecast for EUR/USD


EURUSD holding resistance at 1.3120/40 but above here could allow another test of 1.3190/00  highs. Try shorts here, adding up to 1.3230 with stops above 1.3255.
We are getting overbought now in the short term. Below 1.3090 therefore risks a return to 1.3030/25 support & the chance of a low for the day. A break lower could however target last week’s low at 1.2975/55.

The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: News Forex Global Economics Markets


Related Articles

View Comments and Join the Discussion!

Transocean Board Recommends Holders Vote for $2.24/Share Dividend, Company's Board Nominees

Technical Forecast for FTSE