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A technical view of EURUSD in the week of June 19th
the EURUSD
EUR/USD
EUR/USD is the currency pair that includes the European Union’s single currency, the euro (symbol €, symbol EUR), and the US dollar (symbol $, symbol USD). The price of the pair indicates how many euros are needed to buy one dollar. For example, when EUR/USD is trading at 1.2, this means that 1 euro is equal to 1.2 dollars. Why is EUR/USD the most popular trading pair Compared to all the tradable currencies, the Euro (EUR) is the second most traded currency in the world,
EUR/USD is the currency pair that includes the European Union’s single currency, the euro (symbol €, symbol EUR), and the US dollar (symbol $, symbol USD). The price of the pair indicates how many euros are needed to buy one dollar. For example, when EUR/USD is trading at 1.2, this means that 1 euro is equal to 1.2 dollars. Why is EUR/USD the most popular trading pair Compared to all the tradable currencies, the Euro (EUR) is the second most traded currency in the world,
Read this term It made it to its lowest level for the week on Monday, and reached its highest level for the day. The move higher brought the price back to the May consolidation zone. The bottom of this consolidation range will be the main gauge for buyers and sellers in the new trading week.
The above video demonstrates this key metric and explains further targets for both the uptrend and the downside of EURUSD.