EURUSD's downward movement from 1.3993 had completed at 1.3648 already, and the pair is now in uptrend.
Another rise could be expected and next target would be at 1.3850 area.
Support is at 1.3648, only break below this level could trigger another fall to 1.3600 area.
Editor’s Note: Equity investors/traders can use the Currency Shares Euro Trust (FXE, quote) ETF to take positions in the euro without a FOREX account. The ETF looks to track the price of the euro (EURUSD), minus ETF fee. The fund seeks to reflect the price of the euro with the shares representing a cost-effective investment relative to investing in the FOREX market.
Content curiosity of FOREXCycle
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