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EURUSD Technical Analysis Forecast Friday, May 12, 2017

ForexZig.com May 12, 2017

EURUSD Technical Analysis

Within the past trading day currency pair EURUSD started trading at 1.08681 and closed at 1.08617.

Daily high was 1.08929 and daily low was 1.08388.

At the time of the Asian trade the pair EURUSD started trading at 1.08681 and closed at 1.08714. Asian high was 1.08775, Asian bottom rate was 1.08634.

At the time of the European trade the pair EURUSD started trading at 1.08752 and closed at 1.08698. European high was 1.08929, European bottom rate was 1.08682.

At the time of the US trade the currency pair EURUSD opened at 1.08569 and closed at 1.08686. US high was 1.08755, U.S. low was 1.08388.

EURUSD Friday, May 12, 2017 Daily analysis for EURUSD

Support Resistance levels for today

S3 S2 S1 Pivot R1 R2 R3
1.07819 1.08104 1.08360 1.08645 1.08901 1.09186 1.09442

EURUSD Forecast

We expect short-term adjustment at -0.00006 and a long-term adjustment at 0.00081 or our expectation is range and target 1.08698.

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