ANALYSIS
NQ100 Finds Support from PPIApr 14
EURUSD moves up
ECB member Kazaks stated today that a rate hike is likely during the year, and afterwards we observed bullish movements in the pair. However, these movements were limited. Technically, the pair exited from the descending channel pattern and if it exceeds Fibonacci 50 percent retracement line, we will follow 1.1385 and 1.1415 resistance level. On the other side, downward pressure of Fibonacci levels on the pair pave the way towards 1.1345 and 1.1310 support levels.
