EUR/USD: consolidation under Moving Averages
The price is going to achieve the nearest resistance at 1.1413 soon. A pullback from this level could turn out...
EUR/USD inside an offer zone
EUR/USD gained momentum during Wednesday’s session, following the Federal Reserve’s decision to hike rates for third time in 2017. That helped to the pair to test an offer area between the 50% and 65% Fibonacci zone. That’s why we’re expecting a decline to take place at the current stage in order to reach the next target to the upside in the -23.6% level at 1.1664.
RSI indicator remains in favor of the positive territory.
Felipe Erazo
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