EUR/USD still finding support

Thursday, 27/04/2017 | 09:01 GMT

Disclaimer

ECB could impact here but longer term chart shows support for EUR/USD, with 61.8% retracement and recent highs around 1.0960 likely to provide next resistance then psychological 1.1000.

USD/CHF has comprehensively broken below the 200 day moving average and next leg lower is likely to target late January lows of 0.9870.

This article comprises the personal view and opinion of the STO Investment Research Desk and at no time should be construed as Investment Advice.

STO Review

Source: https://www.stofs.com/en/newsroom/entry/TECHNICAL/eurusd-still-finding-support/?camp=24219

Disclaimer

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}