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Weekly Overview on Majors' Price Action

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EURUSD – In a Holiday The EURUSD sat in a 100 pips range from last weeks to now.The latest economic releases did not have any impact on the price action of this currency pair. With the pressure accumulated, I would expect for the price to break the resistance from 1.1437 and rally towards 1.1500. I would go with this side because of both technical analysis and fundamental reasons. I would still keep an eye over a break below the support line from 1.1337. USDJPY – Finally Out The

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