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Thursday, April 19, 2018

[FOREX NEWS] Will Merkel and Macron move EUR/USD? It has more support but one big resistance line


The EUR/USD is trading in a narrowing range and is looking for a new direction. Further evidence of a slowdown in the euro-zone meet somewhat better figures in the US. The technical picture shows a long-term wedge gradually closing in. The EUR/USD is trading around $1.2370, down from the high of $1.2400 and closer to the low [...]

The post Will Merkel and Macron move EUR/USD? It has more support but one big resistance line appeared first on Forex Crunch.



via Forex Crunch

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