EUR/USD Price Analysis: The bulls are testing the bear's commitments at key resistance – by fx_ross EURUSD Technical Analysis
n the hourly and daily charts. There will be prospects of a significant breakout of the bulls can take on the bearish commitments but failures will likely lead to a downside extension for the days ahead. The price is attempting to break higher, but as explained in the prior analysis, there is plenty of resistance ahead:EUR/USD continues to creep higher in a correction on the daily charts within the bearish cycle and below trendline resistance and is about to cross the 38.2% ratio.
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