The price of EUR/USD in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
Related Posts
USDCHF hits 0.80915 after a 8.4% move spanning 33 days
USDCHF has moved lower by 8.4% from 0.88331 to 0.80915 in the last 33 days.
Interesting opportunity on EURUSD after breaking 1.1452811702127659
EURUSD has broken through a support line of a Rising Wedge and suggests a possible movement to 1.1249…
After testing 0.9339 numerous times, EURCHF is once again approaching this price point. Can we expect a bullish trend to follow?
EURCHF is about to retest a key horizontal resistance level near 0.9339. It has tested this level 3…