EUR/USD currency has close the week with gains . The low volatility because begin summer holidays, but the EUR is the only solid gains closed this Friday. But we will know the next week if pair continue to up or down, will depend mostly on the FOMC economic policy decision next Wednesday .


The pair is closing the week over 1.09000 and chart shows that price develop is a bearish channel, with top around 1.1080. The price has been rejected from a bearish 20 SMA. EUR/USD will need break below 1.0860, to confirm declines to 1.0700 level.



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