EUR/USD - Movement In 1.1500 Direction
FxGrow | Feb 05, 2016 06:27AM ET
EUR/USD - Movement in 1.1500 direction
Roaring success of the bulls at EUR/USD is in full swing. After break above bearish regression channel, price also broke resistances at 1.1050 and 1.1120. Next resistance is at 1.1350, however it looks like the goal for demand is at 1.1500. That level is the upper limit of big channel in which price moved since 12 months. Only once during last year that level was exceeded for 2 days.
Time-frame D1
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