EURUSD is showing some resistance on the upper end of it downtre

Name: EURUSD is showing some resistance on the upper end of it downtre
Uploaded: 2019-04-18T06:46:49.134649
Channel: RaymackTraders
Description: EURUSD is showing some resistance on the upper end of it downtrend channel on the daily chart. Also a rejection on a short term Fibonacci study . We are continuing to watch the EUR for indications that dollar strength will prevail and the pair may continue on its downside move.

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US DOLLAR CURRENCY INDEX (INDEX:DXY)

INDEX:DXY US DOLLAR CURRENCY INDEX

Support and Resistance

supportandresistance

EURUSD is showing some resistance on the upper end of it downtrend channel on the daily chart. Also a rejection on a short term Fibonacci study . We are continuing to watch the EUR for indications that dollar strength will prevail and the pair may continue on its downside move.

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