EUR/USD facing a resistance

alroughani

عضو نشط
التسجيل
19 أكتوبر 2005
المشاركات
360
الإقامة
Vancouver
As expected the Eur resumed its uptrend toward the major target of 1.3130
and next to the 1.3500 region

The pair should face a strong resistance at the 61.8 Fibo (1.1640 to 1.3660 )
at 1.2885-90 area

I expect it to hold for this week and the pair may retrace to its minor support at 1.2770 and the major support of 50 Fibo at 1.2650 before resuming its up trend
 

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