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EUR/USD Pushes Higher As Buck Reaches Lower, Eyes on Local Data

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FxGrow Daily Technical Analysis – 23rd June, 2017
By FxGrow Research & Analysis Team

EUR/USD Pushes Higher As Buck Reaches Lower, Eyes on Local Data


EUR/USD guarded 1.1100 level successfully during this weekly trading session with 1.1118 lowest on Tuesday and 1.1212 highest on Monday. Currently the pair is trading 1.1164 with 23 price action and testing 20 EMA at 1.1167.

As macro economics, the EURO awaits major data with absence for U.S Dollar events on Friday, which gives advantage for EURO facing its greenback rival. U.S Dollar continues to show weakness as the Index is currently trading at ...


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Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
 

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