Euro has lowered
Yesterday Eurodollar found support in the 1.0800 figure. With the end of the Asian session, the market was appeared with the buyers who restored the currency pair rate within a day for more than one and a half of the figure. Day maximum was fixed just above 1.0960.
As a result, the four-hour short-term picture has been changed. According to the value of Ichimoku indicator lines, before the weekend we can expect a consolidation in a rather wide range of 1.0800-1.0950, with the "removal" of important levels, and then return to the mentioned channel. In this regard, trading with this pair can be very risky in the near future.
Technical levels: support – 1.0890, 1.0840, 1.0800; resistance – 1.0950, 1.1000.
Trade recommendations: out of the market