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Thursday, April 27, 2017

EUR/USD Bearish Momentum Could Break Bullish Channel

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The EUR/USD is in a channel (red/blue lines) which is struggling to break above the 61.8% Fibonacci retracement level of wave 2 (green) near the round level of 1.10. A breakout above or below a trend line could indicate the next direction. A bullish break …

The post EUR/USD Bearish Momentum Could Break Bullish Channel appeared first on ForexTV.

April 27, 2017 at 09:51PM

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from EUR Editor

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