Friday, June 20, 2014

EUR/USD Charges At 200-Day SMA

Broad weakness of the U.S. Dollar allows the single European currency to continue gaining more and more ground. Right now EUR/USD is probing the weekly R1 at 1.3632, but has all the chances to reach out for the resistance at 1.3705/1.3673, created by the 55 and 200-day SMAs. Additional supply



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