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EUR/USD MARKET OUTLOOK 25/11/2015

In the recent ECB wires it been decided that the QE program is set to halt till last week of DEC 2015.

Thus the technical levels for EUR/USD are as follows

upside target of 1.0690 and 1.0723 a break above this level would open the door for 1.0755 and above.

down side target 1.0645 and 1.0607 a break below this level would leave us with the possibility of 1.0555

But as for today we expect the EUR to gain some strength and stay on the buy side.

 

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