04 February 2015 - During the trading hours yesterday, the euro raised its value from 1.1310 USD to 1.1535 USD. This morning the currency pair is trading at 1.1450-1.1485 USD.
According to the analysis of Trading212, if euro breaks the resistance levels at 1.1485-1.1510 USD, the aim will be reaching and testing the zone 1.1540-1.1560 USD. If it is successful, the trend will continue to 1.1585-1.1600 USD. If euro drops below the support levels at 1.1460-1.1435 USD, it will try to find a next support at 1.1415-1.1390 USD. In case of breaking down, the downward trend will continue to 1.1365-1.1340 USD.
Source: http://www.trading212.com/en/Financial-Analyses/2015-02-04/
