On Tuesday I wrote how the EURUSD might be on its way to test the 1.1340/50 resistance area. Friday’s session did just that. EURUSD reached a session high of 1.1344 today before running into sellers. However, a look at the daily time frame shows how our trend line resistance didn’t quite come under pressure this week. I wasn’t expecting buyers to reclaim lost ground as fast as they did. That means the trend line lies just above Friday’s high. But that also means next week may present a pivotal moment between buyers and sellers. In case you’re new here, be sure to review my March 12th post to see why this resistance ... (full story)