EUR/USD rises but upside it limited

EUR/USD kicks off the new year with fresh gains, taking advantage of the US Dollar’s weakness. What’s next? The next resistance line is quite close. The Technical Confluences Indicator shows that the world’s most popular currency pair is capped at around 1.1504 which is the convergence of the previous 1h-high, the Pivot Point one-week Resistance 1, and the Fibonacci 61.8% […]

The post EUR/USD rises but upside it limited appeared first on Forex Crunch.

Add a Comment