EURUSD moved sideways in a trading range between 1.1662 and 1.1909. The sideways movement could be treated as consolidation of the uptrend from 1.0569 (Apr 10 low), and deeper decline towards the bottom support trend line of the price channel on its daily chart to complete the consolidation is possible. Resistance is at 1.1909, only a breakout of this level could signal resumption of ht uptrend.
Top Finance
Search
New Posts
Continued Expansion of the Global Sustainable Finance Education Initiative
XAUUSD Commodity Elliott Wave Technical Analysis
XRP Market Cap Is Poised To Hit $2.61 Trillion Hints Top Crypto Analyst
The British Index Has Updated The Historical Maximum. Oil Lost 5% Over The Week
The Commodities Feed – European Gas Rallies
Leave A Comment