RobertPapon

Analysis and forecasts for EUR / USD 01/20/16

FX:EURUSD   Euro Fx/U.S. Dollar
Analysis EUR / USD:
Not much has changed for the eurodolarze during the first session of this week. All the time we move sideways. On Tuesday afternoon, but there has been a growth in demand has not led to a significant break the resistance level at 1.0945. In my opinion any there, they may be subdued anticipation of Thursday's ECB meeting. It is very likely that the greater the upward or downward impulse may take place during Thursday's conference, the ECB president. Although still in the game it is a variant of growth, which involves breaking the resistance level at 1.0945. This in turn will pave the way towards the next resistance levels are located at 1.0971 and 1,0980-90. Otherwise once again we turn back to the south, towards the recent support levels at levels 1.0860 / 1.0847 and 1,08-1,0810. If there has been a breach of the last level, the target for the supply side will correct support levels between 1,0680-1,0715.
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