Technical analysis of EUR/USD for November 28, 2016

Overview: The EUR/USD pair broke resistance which turned to strong support at the level of 1.0613. The level of 1.0613 coincides with 23.6% of Fibonacci, which is expected to act as major support today. Since the trend is above the 23.6% Fibonacci level, the market is still in an uptrend. From this point, the EUR/USD […]