EUR/USD Daily time frame chart

Market news

12 December 2017

EUR/USD Daily time frame chart

EUR/USD is now close to the bottom of the downside channel and close to the support zone.

It could be interesting to see how the price reacts on that area and if it starts rejecting the bottom of the channel and the support level then we can expect a bullish movement to the top of the channel.

U.S.: Federal budget , November -139.0 (forecast -134.0)

European stocks closed: FTSE 100 +46.93 7500.41 +0.63% DAX +59.88 13183.53 +0.46% CAC 40 +40.36 5427.19 +0.75%

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