EURUSD remains in downtrend from 1.0905, the bounce from 1.0569 is likely consolidation of the downtrend. Near term resistance is at the top of the price channel on 4-hour chart. As long as the pair is in the channel, the downtrend could be expected to continue, and next target would be at 1.0500 area. Key … Continue reading "EURUSD Daily Analysis – April 12, 2017"
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