We looked at the EURUSD a couple of times last week. The first was on Monday when the pair was breaking below the 1.1930 handle, and the second was on Friday during the two-day rebound. That rebound, by the way, started from 1.1830, which was one of the levels I mentioned last Sunday. Friday’s commentary focused on whether or not buyers could close the session above 1.1930 or not. The level was a significant factor between November 2017 and January 2018, so Friday’s price action was a crucial moment for buyers. Now, you may be wondering why I haven’t labeled 1.1930 as support or resistance in the chart below. The ... (full story)