Looking at EURUSD’s chart, we can see that EUR lost ground against the USD and it feels at the lowest level for the week, at the current rate of 0.971. If today it will not manage to hold the rate above the level of 0.97, then we could see it dropping towards the level of 0.9640 otherwise it should upwardly react toward the level of 0.9760.

(Click on image to enlarge)

More By This Author:

GBPUSD: Can Be Seen Rising Towards Its Resistance Level At Approximately 1.1350
Procter & Gamble: Expected To Test Resistance Level At Around $132
XAUUSD: Could Potentially Climb Towards Its Resistance Level