It seems that the movement of the currency pair Eur / Usd still have a tendency to take action down.
Based on the observation that technically there is the potential that the eur / usd will go weekly trend that could have reached the level of the price of 1.27939 (this is the weekly price range).
As seen in the picture below
1.27939 price level would appear to be a support and a strong purpose for this pair.
Based on the analysis results that appear in the image above is a weekly chat where we can see a tendency down the price is still very strong in this week although there is a bit of a correction that will occur as seen in the daily chart as below
Daily chart
In the daily price chart correction action is likely to be there a little bit towards the price level is 1.32242 which is the strongest resistance levels, if the pair is able to penetrate the potential reborn up will happen but look at both technical and fundamental condition seems to be the weight for the pair
In technical the pair was overwhelming tendency will have come down in price
This tendency is supported fundamentally the situation is still deteriorating economic conditions and is still associated with the crisis in the Ukraine so that it encourages the weak state of the single currency for the euro area
Worsening economic conditions and political region helped to trigger the weakening of the euro single currency as traders were still focused on the Ukraine crisis and do the steps carefully in making decisions, this causes the currency of this region is difficult to back up
At least this week the pair eur / usd will still be in a weakened condition as seen in the image above
Thus this Analysis Of Price Movements Eur / Usd In A Week wish this analysis may provide benefits to you
Warning
This analysis does not warrant the truth 100% even though we've made the best of what we represent so use them wisely and keep trading with your own level of risk
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