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Monday, 5 June 2017
Daily Analysis of EUR/USD
During the trading hours yesterday, the euro lowered its value from 1.1243 USD to 1.1212 USD. This morning the currency pair is trading at 1.1217 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1239 - 1.1245 USD, the aim will be reaching and testing the zone 1.1275 - 1.1278 USD. If it is successful, the trend will continue to 1.1294 - 1.1299 USD. If euro drops below the support levels at 1.1190 - 1.1185 USD, it will try to find next support at 1.1169 - 1.1166 USD. In case of breaking down, the downward trend will continue to 1.1136 - 1.1130 USD.