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Thursday, April 21, 2016

Update on EUR/USD



EUR/USD fall sharply on Wednesday as crude prices pushed up to fresh yearly highs helping dollar to come up on positive side against its major counterparts. 

Today ECB monetary policy will be held at 5.15 pm today for further indication on negative interest rate policy most likely ECB expected to hold the interest rate steady.



 


Support at 1.1230 resistances at 1.1380 close below 1.1230 will slide it to 1.1150 else we can see rally up to 1.1380.











More will update soon !!