EUR / USD bulls put up a tough fight


Almost 12 hours have passed since the last update and we touched 1.43 again.

The EUR/USD bulls are definitely putting up a tough fight to break the 1.42 region.

The lower trend line seems to be respected for now and with it, i converted it into a channel which looks just right.


The next resistance i will look out for is the 1.4330 region. The previous high of June 02 and 03.

US CB Consumer Confidence release in about 2 hours time. We may see further insight.

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