11, August 2017

EUR/USD

Sellers continued to dominate on Thursday. The euro bounced from 1.1750 and weakened to 1.1700 during the night and morning trades. The resistance resides at 1.1750, the support comes in at 1.1700.

We will remain negative until the spot is below 1.1800. A move below 1.1700 will open a door towards 1.1650.