Thank you for signing up.

Get $30 sign-up bonus when you join Z.com, no deposit required

Market insight

Sign up now

EUR/USD update (18th May 2017, 11:00)

EUR/USD a pause is in the off for now.

EUR/USD a pause is in the off for now.

Bulls finally got a retracement in EUR/USD yesterday, with the small dip followed by more buying that took the pair to its highest level since 10 October.

Now some losses are being seen once again, but as long as the intraday price action does not breach the $1.1080 level that held yesterday the uptrend is intact. A bounce will need to break the overnight high at $1.1172 to maintain forward momentum, but it looks like a pause is in the offing for now. 


Share this with your friends

To:
From:
Your comments:

EUR/USD update (18th May 2017, 11:00)

EUR/USD a pause is in the off for now.

Read more »

You have unread messages

You have unread messages