EUR/USD Analysis

The pair has broken Fibonacci retracement 38.2% 1.30659 and aiming to Moving Average (500) at 1.24352. Strong support maybe met at the median line of the trend channel 1.26623. EURUSD

The pair has broken Fibonacci retracement 38.2% 1.30659 and aiming to Moving Average (500) at 1.24352. Strong support maybe met at the median line of the trend channel 1.26623.

Resistance: 1.30659, 1.33427, 1.37441

Support: 1.28004, 1.25667, 1.20280

The company commenced operations in January 2007, established by a professional gold and foreign exchange dealer with over 10 years of experience. Currently domiciled and regulated in Panama.Author Risk Warning: You should not invest in FX or CFD the money you cannot afford to lose. An investment in FX and CFD is potentially risky to the investor, and in some cases the investor may not get back the amount he has invested. With... More