Daily Technical Report 16 February 2018

EUR/USD maintains its rise, breaking resistance at 1.2537 (25/01/2017) and heading toward 1.26. Hourly support is maintained at 1.2165 (17/01/2018 low). The technical structure suggests further upside moves. • In the longer term, the momentum is turning largely positive. We favor a continued bullish…

Leave a Reply

Your email address will not be published. Required fields are marked *

This blog is kept spam free by WP-SpamFree.