EUR/USD today: the euro maintains a downward dynamics
Friday’s trading closed with a restrained decline in the EUR/USD pair on a very restrained dynamics of the US dollar index. The pressure on the euro comes from the American session and possible geopolitical risks. The persistence of tension in France and the uncertainty around Brexit puts pressure on the euro, despite attempts to restore European stock indices.
The EUR/USD pair remains under the pressure of a downtrend, limited to a general oversold. But the main dynamics of the pair remains restrained negative, indicating a potential decline to support levels: 1.1280 and 1.1250. Significant resistance is located at the levels: 1.1320 and 1.1340.
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Hanzenko Anton
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