EUR/USD: in the descending channel. Technical analysis for 12/08/2016

Forex analytics: Review and dynamics After the release of the negative data on German GDP and with the opening of today's European session, the pair EUR/USD is traded at the level of 1.1140. On the hourly chart close this support level is close to the line ЕМА144 and the lower line of the ascending channel. Another support level: 1.1120 is just slightly below (ЕМА200 on 4-hour chart).The pair EUR/USD is ...