On Friday the euro significantly rose in value against the dollar. Mostly it was so because of the European leaders who were able to agree on the issue of migration. Also the inflation data for the EUR were better than expected.
The pivot point is near the level of 1.1680 on the daily chart. Technical indicators point on Sell and we expect a possible corrective movement.
The pivot point is near the level of 1.1680 on the daily chart. Technical indicators point on Sell and we expect a possible corrective movement.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.