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EURUSD: Further gains meet selling opportunities

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 23, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    When the ECB announced more straight QE and deeper negative rates the EURUSD jumped from 1.0950 to the by-then potential resistance around 1.120; After that, the Fed adjusted projections for interest rate hikes for this and further years lower from four to two hikes; The pair visited the high of February 11th , a key reversal date in many other markets and reverted back to where we are at time of writing; A break-out through the 1.13 resistance handle would force shorts to cover and be an

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