EUR/USD from a double top to low resistance – 3 reasons

EUR/USD certainly has an interesting week. It began with a significant 200 pip Sunday gap on the French elections, reaching 1.0930. When things cooled down, it found itself at support some 100 pips lower. That 1.0830 level worked as the initial 2017 high. It moved up from there, settling above 1.0870, the December 2016 swing peak. […]

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