Thanks Franc!FrancoisT wrote: Tue Nov 14, 2017 2:42 am EUR/USD - EUR is rising, but still the tendency is in on the side of the dollar. My assumption is that still there are some room that might help a bit to EUR (something up to 1.1725/40 - downtrend line on daily). Eventually breaks above may change the sentiment
And just to add to that, key areas of nearby support and resistance as per chart below:
- 1.5810 Weekly Support
- 1.19190 Monthly Resistance
Traders please take note of these areas especially the Weekly Support line as this has already been tested and confirmed.