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Published On: Thu, Nov 27th, 2014

EUR/USD – Technical Analysis (27.11.2014)

We consider the EUR/USD bounce corrective in nature, preceding a slide to 1.2356, en route to the crucial 1.2288 support.

The EUR/USD is currently testing 1.2500, and a potential break through the level will send the pair to the key 1.2570-1.2600 resistance zone. We consider the EUR/USD bounce corrective in nature, preceding a slide toward 1.2356, en route to the crucial 1.2288 support.

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