The EUR has been the best performing currency this week compared to the Dollar & the Pound
In our previous analysis we did mention a possible reversal on the pair after a bullish harmonic had formed on the daily chart.
The pair is currently @ 38.2% FIB Retracement level & @ an area of resistance.
We expect the pair to try and break above this resistance & trade in the 1.19 level
If the pair fails to break above current resistance it will fall back to support @ 1.17600
Link to our previous analysis below
In our previous analysis we did mention a possible reversal on the pair after a bullish harmonic had formed on the daily chart.
The pair is currently @ 38.2% FIB Retracement level & @ an area of resistance.
We expect the pair to try and break above this resistance & trade in the 1.19 level
If the pair fails to break above current resistance it will fall back to support @ 1.17600
Link to our previous analysis below
