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EUR/USD Hits 6-Month Peak Amid Rally

Discussion in 'Technical Analysis' started by Kaitlin, Apr 1, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    By appreciating for a fourth successive day on Thursday, EUR/USD tested the 1.14 mark for the first time since October. By session-end, however, gains were contained by the last weekly resistance at 1.1390. Friday is going to be very data-dependent. We would allow for a correction down to 1.1337 (weekly[​IMG]

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