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EUR/USD – 1.34 pushes away yet again
In the last 24 hours, we have seen the Euro push higher again however it has yet again been pushed away by excess supply anywhere near the key 1.34 level. It has continued to trade within a narrow range and up until the last day, it had sat right on top of the key support level at 1.33. Over the last few days, the Euro has been placing pressure on the key 1.33 level which has been able to hold up reasonably well so far and has provided a solid base for its recent surge higher. A couple of weeks ago, the Euro ran into a brick wall of supply at 1.34 which was a previous resistance level earlier last year which has ... (full story)
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- Jan 24, 2013 11:27pm Jan 24, 2013 11:27pm
- donduong
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- piptastic
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Anything can happen in FOREX. There's no 100% sure
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- donduong
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- Mr D.
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Jesus my Lord