EURUSD stalls at a topside trend line

The extremes are set
The EURUSD rallied higher with the general dollar selling today, but when the price reached a topside trend line, the price backed off (see red numbered circles). That trend line currently comes in at 1.0801 which also happens to be the low price from March 18 and near a nice natural level).  

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *