EUR/USD: The Euro shows bullish signals
The Euro has gained positions against the Dollar in today’s European session, according to Valeria Bednarik, analyst at MolFX management, breaking a descendant trendline: “Eur/Usd is right now at 1.5735, with bullish signals in 4 hours charts, breaking a descendant trend line; however the pair needs to break above 1.5760 to continue running higher, first to the zone around 1.5790 and finally 1.5810” Next support levels, according to Bednarik, stand as follows: “Supports from here will be 1.5715 (pullback to the mentioned trend line), the zone around 1.5680 and finally 1.5654.”
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