The EURUSD currency pair failed to trade lower today and has turned up and looks to be ready to test the high from last Thursday at 1.20881. I am changing to bullish and looking for support at 1.19160 . This information is provided for informational and educational purposes only and is not a recommendation to buy or sell any currency pair. Here’s the chart which is provided by Barchart.com
EURUSD strengthened for the second successive day Thursday, boosted by a hawkish set of minutes of the last meeting of the European Central Bank’s Governing Council . The markets interpreted the minutes as meaning that the ECB could start reducing its monetary stimulus program earlier than previously expected. http://www.nasdaq.com/article/as-eurusd-rises-keep-an-eye-on-german-coalition-talks-cm904063
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