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Tuesday, May 16, 2017

[FOREX NEWS] EUR/USD reaches top of uptrend channel – break or bounce?

EUR/USD is on the move, trading some 80 pips higher on the day and at the highest levels since November, a six-month high. The pair is flirting with the resistance level of 1.1050, which served as support back in August. More importantly, the pair is reaching the top of the uptrend channel. Since the very beginning [...]

The post EUR/USD reaches top of uptrend channel – break or bounce? appeared first on Forex Crunch.



via Forex Crunch

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