Eur/Usd has hit weekly resistance 1 and top side of the daily channel trend-line,
and a retracement back down would seem in order,
fundamentally, the trouble in the Ukraine and the softer tone of the dollar
and the uncertainty on the fx market in general should support this move
If we take a look at the weekly chart we see the weekly R1 level at 1.3959 has been hit,
and I have drawn the most recent weekly trend-lines up
On the first daily chart we see a close up of the latest weekly move,
and t…
and a retracement back down would seem in order,
fundamentally, the trouble in the Ukraine and the softer tone of the dollar
and the uncertainty on the fx market in general should support this move
If we take a look at the weekly chart we see the weekly R1 level at 1.3959 has been hit,
and I have drawn the most recent weekly trend-lines up
On the first daily chart we see a close up of the latest weekly move,
and t…