EUR USD trending towards 1.04 target might show low below 1

eur usd weekly forecast for 30 nov. to 4 dec 2015
eur usd this week closed at 1.0588 with los.
this was forth losing week for euro against dollar.
 
eurusd pair is heading towards bottom of 1.04 which
already given in last weeks.
 
EUR USD weekly support zones will be 1.04 and 1.02.
EUR USD weekly resistance zones will be 1.07 and 1.0790.
 
euro before fed rate hike might give fresh low
below previous bottom of 1.0460 and then start
long term recovery move.
on monthly chart, euro looks very bearish suggest
targets below 1 while on upside 1.10 remain long term supply zone.

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Updated: 28/11/2015 — 1:00 PM

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Pramod Baviskar

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