web hit counter
Published On: Mon, Dec 29th, 2014

EUR/USD – Technical Analysis (29.12.2014)

Next target for the EUR/USD is the major 1.2040 support. Initial resistance is expected at 1.2219, and the picture below it will remain negative.

The outlook for the EUR/USD remains markedly bearish. Next target for the forex pair is the major 1.2040 support. Initial resistance is expected at 1.2219, and the picture below this technical level will remain negative.

About the Author

ProfitEase.com

- ProfitEase.com is a global financial portal that provides news, analysis, economic calendars, streaming quotes, technical studies and other resources about the global markets. The materials on the website cover a variety of fields including: economics and politics; monetary policy; forex, CFD and derivatives trading; commodity markets; bond markets.

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Subscribe

Never Miss A Post Subscribe For The Latest Updates And Receive News, Forecasts & Analysis for FREE!