EUR/USD Is Still Capped By 1.1538

Discussion in 'Technical Analysis' started by Kaitlin, May 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Yesterday's trading conditions were light, even despite broad presence of important US statistics including the first insight into labour market's performance in April. The Dollar-bullish side won, as they kept the EUR/USD pair below 1.15. The weekly and monthly R1s at 1.1538, however, remain as key resistances for the moment.[​IMG]

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