After the break higher, EUR/USD could continue toward 1.1870

The EUR/USD is extending its recovery as the market mood improves. Where next? The Technical Confluences Indicator shows that the pair faces immediate resistance around 1.1765 which is the convergence of the Bolinger Band one-day-Middle, the Pivot Point one-week Resistance 1, the Pivot Point one-day Resistance 1, and the Bolinger Band one-hour Upper Stdv. 2.2. However, strong resistance is only […]

The post After the break higher, EUR/USD could continue toward 1.1870 appeared first on Forex Crunch.

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