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Published On: Wed, Nov 26th, 2014

EUR/USD – Technical Analysis (26.11.2014)

We anticipate the EUR/USD to renew its downtrend. Next target to the downside for the pair is 1.2356, followed by the 1.2288 support.

The EUR/USD is trading close to the key 1.25 resistance after its bounce from 1.2356. We anticipate a tight test of 1.25 to result in the renewal of the pair’s downtrend.

Next target to the downside for the EUR/USD is 1.2356, followed by the 1.2288 support.

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