EUR/USD today: the euro resumes the growth after the flat - Ester Holdings

EUR/USD today: the euro resumes the growth after the flat

The EUR/USD pair has returned to attempts of growth at the opening of the new trading week and very restrained trading. Earlier, the upward dynamics of the euro against the American dollar was limited to a three-day flat, the upper limit of which was located at the levels: 1.1360-70. At the start of the day, the euro was supported by data on the progress of the US-China trade talks.

The economic calendar for today is empty, so the general sentiments will continue to be the main drivers of the market.

The EUR/USD pair continues to trade in a restrained uptrend, limited to flat and resistance of 1.1360-70. Strengthening of the optimism and breaking through this resistance will open the way to the marks: 1.1400 and 1.1430. Significant support is located at the levels: 1.1330 and 1.1300, the update of which will indicate the preservation of the lateral dynamics.


Read also: “Momentum indicator is a great assistant in trade”

Hanzenko Anton

Earn with the help of the trade service on the news Erste News!

Topical articles of the trader’s blog:

  1. ZIGZAG – not simple properties of a simple indicator!
  2. Gold. Expectations March 2019!
  3. Gold. Expectations for February and March 2019

Current Investment ideas:

  1. Ready instruction to income! Earn with #CAT!
  2. Aerospace Corporation brings a cosmic income!

Аналитическая рассылка

Analytical newsletter
Subscribe to the analytical newsletter to be up-to-date with current events!

Вы с украины?