EUR/USD tracked bullish at 1.1145 and expected to peak at key-resistance level at 1.1230.

Dear Traders,

EUR/USD tracked bullish at 1.1145 and expected to peak at key-resistance level at 1.1230.

ECB retained their interest rate against rising oil price as it was forecasted that raise in energy sector will help along targeted inflation. Meanwhile, market's attention would spotlight US NFP report today, as it generally used to ascertain FED's hawkish interest rate.

 

Technical Analysis

Consider looking at this graphic to aid your trading decision this day, this graphic is in h4 resolution with Elliot Wave theory to read the upcoming pattern.

 

EUR/USD