The uncertainty from the possibility of Scottish independence referendum continue give downward pressure on Pound, Gbp/Usd has already broke below 1.2380 and I'm looking at potential target at 1.2200 level.
EUR/USD is very bearish after yesterday's fundamentals. It's testing
the support at 1.0520 and if it breaks out below that level it will
likely continue falling towards 1.0400 at least, especially if it breaks
out below 1.0493 too.
EUR/USD finally bounced off from 1.0493 today after forming several doji candlesticks on the four-hour time-frame above that support as well as a double bottom. The pair is still moving to the upside and it will likely reach at least 1.0600.
Trump did not mention anything about his new tax policy, that create uncertainty in the future might hurt Dollar further, next resistance zone around 1.062/063, upward trend might continue if it break above.
Greetings,
EUR/USD - The EUR looks weak and further selloff are expected. I believe testing 1.05 is just matter of time.