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EUR/USD sets eye on key resistance at 1.0940

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 3, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Technical Analysis EUR/USD sets eye on key resistance at 1.0940 “I don’t think there’s anything the ECB can do to get euro-dollar down to parity.” - Societe Generale (based on Bloomberg) Pair’s Outlook EUR/USD booked some moderate gains throughout the session on Tuesday, but it was repeatedly contained by the two-month downtrend line at 1.0940. This one remains a key supply level for the pair, which also guards 100-day SMA and monthly R1 at 1.0959/72. Unless all of them are breached, the focus

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