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EUR/USD Surges Above 1.1150 On Wednesday

Discussion in 'Technical Analysis' started by Kaitlin, Aug 10, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The common European currency is surging against the US Dollar on Wednesday, as the currency exchange rate broke through resistance put up by the 55-day SMA at 1.1150 by 5:00 GMT. Previously the rate surpassed the 20-day SMA and monthly PP at 1.1107 on Tuesday and the weekly PP at[​IMG]

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