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EUR/USD At Short-Term Channel Resistance To Start The 4/19 Session

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Old 19-04-2012, 12:31 PM
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Default EUR/USD At Short-Term Channel Resistance To Start The 4/19 Session

The EUR/USD started the week with heavy price action that cracked 1.30, but did not break below the 1.2970 support pivot. It rallied up to 1.3170 before falling back to 1.3054. The 1H chart shows a downward channel developing. As we enter the 4/19 Asian session, the market is consolidation

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