EUR/USD Analysis

Market news

5 December 2017

EUR/USD Analysis

EUR/USD on 4-hour time frame chart we can see that price is now close to the upside trend line and close to the support level.

Our suggestion is to wait for how 4-hour candlestick closes and if it close above the support level then we might see further bullish movement.

European stocks closed: FTSE 100 -11.47 7327.50 -0.16% DAX -10.01 13048.54 -0.08% CAC 40 -13.76 5375.53 -0.26%

If EU gets no British proposal this week, EU won't have enough time to prepare start of talks on future trade deal with Britain for mid-dec - senior EU diplomat

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