24th Oct - EUR/USD Nears Key Resistance Area
24 October 2013
WEEKLY CHART:
The 2013 recovery has closed in on the 1.3832 61.8% retracement, which lies close to resistance on the Daily chart.
DAILY CHART:
After exceeding the summer highs this chart has stayed firm, approaching the channel top resistance around 1.3825 just now. S/term resistance would not surprise here (it coincides with resistance on the Weekly chart), but a clear break through would be a boost to the bull move.
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