Main euro/dollar technical levels of control become clearer
Date: Tuesday 28 Oct 2014
Technical analysts at Digital Look noted on Tuesday that, despite the recent erratic behavior in the euro/dollar, the main levels of control to keep tabs on were coming more clearly into view.
"For the short-term, we have first support at 1.2613 with resistance at 1.2888," they said.
However, these experts also explained that it was necessary for one of these levels to be breached before the next move in the currency pair could be determined. "In the meantime, we just have to wait," they concluded.
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