EUR/USD: Resistance flattening below $1.14

FX:EURUSD   Euro / U.S. Dollar
85 1 2
Even if not as early as September, American interest rates will rise fairly soon anyway, putting downward pressure on EUR/USD             , and the market knows it. Resistance is flattening and the price may be contained below $1.14. IMF and Eurozone support for the Greek economy will continue along its thorny ride for several more years. Resolution of the current crisis will but be a postponement of a real solution for another time. I can't see the Support Line holding, and anticipate the graph swinging to the bottom of the yellow box.
Interesting take, and agreed with your range, good use of the line chart.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out