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EUR/USD At Weekly Highs, Nearing 1.14

Discussion in 'Technical Analysis' started by Kaitlin, Apr 29, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Five days of gains for the Euro, including Friday, is a direct result of US Dollar's inability to consolidate momentum, while weak fundamentals are only fuelling the rally. Yesterday EUR/USD breached the weekly R1 at 1.1341, meaning at the moment the pair is a position to advance up to the[​IMG]

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  2. Eliza Abrams

    Eliza Abrams Well-Known Member Trader

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    It looks like EUR/USD will visit 1.1500 again.
     

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