EURUSD: 2nd Bullish Wave Completed; Resistance at Range Top
EURUSD turned out expectedly as price rebounded off from range bottom and gained all the way to the top.
Since then, the price found resistance at range top and fell into a minor range lesser than 30 pips.
EURUSD is currently still trading at the high of its 18-month falling channel too which gives an edge for the bears.
For sellers, now is already considered a good price, targets will be 1.1008, 1.0950 and 1.0908.
Since then, the price found resistance at range top and fell into a minor range lesser than 30 pips.
EURUSD is currently still trading at the high of its 18-month falling channel too which gives an edge for the bears.
For sellers, now is already considered a good price, targets will be 1.1008, 1.0950 and 1.0908.
