Saturday 6 February 2016

EUR/USD rate dropped to the closing of US trading

The euro was down against the US Dollar on Friday.

By the end of the American session, EUR/USD is trading at 1.1155, shedding 0.47%.

I believe that the support is now located at the level of 1.0812, Monday's low, and resistance is likely to make the level of 1.1246 - a maximum of Friday's trading.

Meanwhile, the euro was up against the British Pound and down against the Japanese yen. The pair EUR/GBP, gaining 0.07%, reached the level of 0.7690, and the EUR/JPY, dropping 0.42%, reached 130.34.


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