02 February 2015 - During the trading hours on Friday, the euro lowered its value from 1.1365 USD to 1.1275 USD. This morning the currency pair is trading at 1.1290-1.1330 USD.
According to the analysis of Trading212, if euro breaks the resistance levels at 1.1315-1.1330 USD, the aim will be reaching and testing the zone 1.1365-1.1390 USD. If it is successful, the trend will continue to 1.1415-1.1435 USD. If euro drops below the support levels at 1.1290-1.1270 USD, it will try to find a next support at 1.1250-1.1230 USD. In case of breaking down, the downward trend will continue to 1.1215-1.1190 USD.
Source: http://www.trading212.com/en/Financial-Analyses/2015-02-02/
