Open Demo Account
Home / Market Update / Forex Market / EUR/USD Close to Ending the Week on Big Gains

EUR/USD Close to Ending the Week on Big Gains

M. Ali 23 October, 2020 11:11 pm Forex Market, Market Update

The Euro (EUR) rose against the US Dollar (USD) on Friday but gave up some of its earlier gains as the USS is showing some signs of recovery.

The EUR/USD is close to finish the week at its best level in about two months, supported by a recent decline by the greenback.

The pair is trading higher for the day by 0.35% at 1.1859, after moving in a range between a low of 1.1787 and a high of 1.1862, after closing Thursday at 1.1818.

Support Levels: 1.1798 – 1.1778 – 1.1743

Resistance Levels: 1.1853 – 1.1888 – 1.1908

Tags

Check Also

Bitcoin

Bitcoin Retreats from Record Highs Amid Cooling Optimism Over Trump Presidency and Rate Uncertainty

Bitcoin pulled back from near record highs on Friday as enthusiasm over a Donald Trump …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends