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#1 18-09-2017 09:34:05

johnedward
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From: Paris - France
Registered: 21-12-2009
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EUR/USD: the euro should consolidate today on the forex (UOB)

EUR/USD: the euro should consolidate today on the forex (UOB)

     

http://www.forex-central.net/forum/userimages/logo-uob.gif


The EUR/USD pair should consolidate within a range today on the forex.

"The EUR/USD hit a peak at 1.1986 on Friday, just below the major resistance level at 1.1995.

Upward pressure seems to have eased with the rapid decline following the peak, and the EUR/USD has most likely entered a consolidation phase.

In other words, a horizontal evolution is expected today, probably in a range within 1.1900/1.1985."


"Anything worth having is worth going for - all the way." - J.R. Ewing

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