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EUR/USD Below 1.1150 On Thursday

Discussion in 'Technical Analysis' started by Kaitlin, Aug 4, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The common European currency depreciated against the US Dollar on Wednesday, as it stopped its previous surge and dropped to 1.1149 by the end of day's trading session. On Thursday morning, the currency exchange rate tried to move northwards. However, the pair was stopped by the 55-day SMA at 1.1156,[​IMG]

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