dacolmanfx

dacolmanfx

In the last couple of weeks, EURUSD has managed to bounce significantly after establishing a new year low at around 1.0880. However, the rally may be coming to end soon. The daily chart shows that the pair is very close to a major resistance zone, defined by the upper trendline of a descending wedge and the 38.2% Fib of the 2019 decline. At the same time, 10-day...