It seems that Draghi didn't do enough to get the Euro lower. Buyers pushed it back to 1.3700. Here we have a pretty good intermediate resistance area. A broke above the upper line of the channel could trigger another fast rally to 1.3750, while a false breakout or a rejection from here would signal a drop back to 1.3660 or lower.
hi razvan, so there are big possibilities that they will go higher? But yesterday they had formed a double top ( i think so).Are they wearing out of power to go any higher.
Razvan
⋅
We could see a short fall back, but on medium term I believe that the kiwi will go higher. I am expecting at those levels I have drawn on the chart.
now is 1.359. do you think it will go higher?