EUR/USD moves to 1.1870 climbs to highs of the session after speech of Yellen




The dollar suffered another blow, after the speech of Yellen, addressed to EUR/USD to return to the zone of 1.1860, or maximum daily.

EUR/USD offered before Draghi

The pair quickly gained extra force after the chair Janet Yellen said, among other things, that the risks of excessive optimism is expected to return «sooner or later», but did not comment on the monetary policy.

The pair jumped to the area of 1.1870 after that they stopped stops around the mid-zone of 1.1800, leaving the stands exposed to higher levels before the speech of the president M. Draghi later, during the european night.

Levels of EUR/USD

For the moment, the pair is gaining 0.50% to 1.1859 showing up to the next barrier at 1.1894 (maximum of 3 August), followed by 1.1911 (maximum of 2 August 2017) and finally 1.2042 (minimum monthly of July 2012). On the negative side, a break of 1.1661 (minimum of 17 of August) will focus on 1.1657 (5 months of upward trend) on the way to 1.1611 (a minimum of 26 of July).



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