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EUR/USD Faces Tghter Trading Ranges

Discussion in 'Technical Analysis' started by Kaitlin, Apr 11, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    EUR/USD was consolidating in a very narrow range last week, which makes the technical setup neutral for the upcoming working week. Weekly pivot points are placed much closer to each other, meaning now the major 1.15 resistance (October 2015 high) is safeguarded by the weekly R1 at 1.1457. The weekly[​IMG]

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