• Home
  • Forex News
  • Forex Education
    • Forex Trading – Getting Started
    • History of the Forex Market
    • Why trade Forex?
    • Understanding Margin
    • Walk through a trade
    • Technical Analysis
    • Fundamental Analysis
  • Forex Resources
    • Live Forex Chart
    • Live Forex Quotes
    • Currency Converter
    • Forex Economic Calendar
 

forex.ch

Just another WordPress site

You are here: Home / Forex News / EUR/USD Closes in on Resistance Cluster Near 1.3160

EUR/USD Closes in on Resistance Cluster Near 1.3160

April 11, 2012 by Forex.ch Leave a Comment

The EUR/USD’s price action this week has so far struck a consolidation tone, failing to push below 1.3030. As the market gears up for the 4/11 US trading session, the EUR/USD is approaching a resistance pivot around 1.3160. Also note that this is in confluence with the 38.2% retracement (1.3162)

Read this article:
EUR/USD Closes in on Resistance Cluster Near 1.3160
© Copyright actionforex.com

Filed Under: Forex News

Speak Your Mind Cancel reply

*

*

Live Forex Rates

Back to top | Forex Suisse | Contact us

© 2013 Forex.ch - All rights reserved