TRANSACTION UPDATE: In order to maintain seamless processing of deposits and withdrawals, we recommend using our alternative channels. This change is due to recent upgrade to Zenith and GTB systems. Monie Point Account Name: FRNG Account Number: 8261977777, Wema Bank Account Name: FRNG Limited Account Number: 0122598731

EURUSD - Retesting 1.1200

Razvan Mihai

Analyst

The price of the most traded currency pair has been trading lower compared with the beginning of this week. We believe that the dip might continue until the price will reach 1.1200, or even 20-30 pips lower  hitting a support area. From here we expect a bounce back towards 1.1300 or maybe a rally above the local highs.

Use your preferred trading platform

Register Now


Payment Options

What Clients Say?