EURUSD Recovering Some Ground, Following AUD and Metals

Quote of the day:“Simplicity is the peak of civilization.” -�Jessie Sampter
EURUSD – 1.4394 @07:16 GMT
Good morning. The euro recovered some ground following AUD and metals, but remains under pressure – current recovery being modest so far and there’s enough room to the upside until notable resistance may be tested, at 1.4550 and 1.4650. Both 4-hrs and daily charts are bearish while resistance around 1.4450 is intact – former support trendline coming from February’s bottom at�1.3430 connecting next higher lows. My plan to sell at 1.4370 yesterday was triggered and I had to exit for a small loss when the pair Read More

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