EUR/USD Weekly Profile Levels

This week the EUR/USD forex currency pair penetrated last week’s trading range and the market reached a range of 1.1700. This move, which was a reaction to the results of the German elections, formed a one-month market low. However both on Wednesday and Thursday market bounced at this low level and returned above the 1,1800 price and closed the trading week around this area.

Significant spot forex market profile levels from the past week: 1.1752, 1.1783, 1.1793 and 1.1860