EUR/USD trades lower on Germany politics, good to buy on dips

FX:EURUSD   欧元/美元
403 0
EUR/USD is showing a weakness for the past two days after hitting high of 1.18611 on account recent political turmoil in Germany. The pair declined till 1.17140 and is currently trading around 1.17360. The recent turmoil in Germany was main reason for drop in Euro prices. The Jamaica party is over in Germany as coalition talks got failed due to sudden walk out by FDP party. The breakdown ahs raised chances of new elections in Germany.

Technically, the pair is facing major resistance at 1.1880 (Oct 12th 2017 high) and any break above will take the pair to next level till 1.1928/1.1200. It should break above 1.1209 high made on Sep 8th 2017. The near term resistance is around 1.1760 and any break above will take the pair to next level till 1.1800/1.1825.

On the lower side, major support is around 1.17000 and any break below will drag the pair to next level till 1.1660/1.1600/1.1553 (Nov 7th 2017 low).

It is good to buy on dips around 1.17200 with SL around 1.1660 for the TP of 1.1800/1.1865.

ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出