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EUR/USD Near 1.12 On Monday Morning

Discussion in 'Technical Analysis' started by Kaitlin, Oct 10, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The common European currency is surging amidst two levels of significance against the US Dollar, as the currency exchange rate approaches the 55-day simple moving average at 1.1197. Previously, the pair fell to the 1.11 level during Friday's trading session. However, there the rate found support and began a surge,[​IMG]

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