EUR/USD is continuing upward movement today - Forex News - Forex Doping

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EUR/USD is continuing upward movement today with purchasing pressure. With the support of 1.0710, the pair is in the process of moving up the rising channel. Over the day, persistence above 1.0750 may support the continuation of the rise, and 1.0830 resistance, which corresponds to the Fibonacci correction level of fifty percent, may come into play. When we look at the downward trend, the 1.0650 level will be important for the traders who are making buying and selling transactions in forex market. On the other hand, the protection of the exponential movement of 50 periods is important for the continuation of the rise.

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