Good day,

The Euro keeps heading up, targeting a very strong psychological resistance at the level of 1.2000. Away from this level the currency pair might pull and drop. In this case, the Euro will head in opposite direction.

The British pound has closely approached the broken uptrend and horizontal level of 1.3200. This asset might pull from the broken uptrend and drop.

The price of the Swiss franc has closely approached the supporting level of 0.9000 away from which the currency pair is most likely to jump soon.

Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.

High Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% and 72% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd and Tickmill Europe Ltd respectively. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.