Forex Trading: Euro Continues To Show Strength
Eur/Usd continues its grind higher, as the pair has jsut made a fresh high of 1.4180. It has not gained a sufficient stronghold above 1.4170, which was an earlier high made after yesterdays FOMC meeting. If the pair does not break above a pullback to 1.4140-45 is likely. A break above should bring us to 1.4210-15 , where there may be light resistance.
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It’s good to know that currency trading is still working. Especially EUR is showing a great resistance to other currencies at the moment.