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Giuseppe Basile: EUR/USD key at 1.3018; USD/JPY at 108.50 - FXStreet

FXStreet (Łódź) - In an interview with Dale Pinkert at FXStreet’s Live Analysis Room, Technical Analyst and Mentor at FibStalker Trading Giuseppe Basile points to 1.3018 as a key level for EUR/USD, and to 108.50 as a target for USD/JPY.

Key quotes


"EUR/USD over 1.3018 will generate a recovery in Euro."

"Basile points out that if the USD/JPY reaches first Fib target of 108.50, it will open the doors to 115.00."

EUR/USD keeps going lower, but with tiny steps

EUR/USD opened at 1.2959, and since that time step by step moved lower; currently , it is trading at 1.2950.
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