TradingView
TipTVFinance
Mar 13, 2017 7:54 AM

EUR/USD – Fresh bids likely above 1.0707 

Euro Fx/U.S. DollarFXCM

Description

1.0707 is the confluence of the descending trend line hurdle and 38.2% fib retracement of the trump sell-off.
A break above 1.0707 could yield a test if the inverse head and shoulder neckline level of 1.0795-1.08.
Failure at 1.0707 for two consecutive days could yield a pull back to 1.0567.
More