EUR/USD will find it hard to recover with this kind of resistance

EUR/USD is treading water in the mid-1.1300s as uncertainty about US-Chinese relations, global growth, and also Brexit continue weighing on investors’ minds. The Technical Confluences Indicator shows that the pair faces a wall of resistance at around 1.1405 which is a dense cluster of potent resistance lines including the Fibonacci 38.2% one-week, the Simple Moving Average 200-4h, the Fibonacci 161.8% […]

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