EURUSD trades to a new high, and enters topside resistance area between 1.0864

After testing the 10810 level and finding buyers near that level early in the US session, the price has snapped back to the upside and has entered into a topside resistance area between 1.0864 and 1.08725. That area is defined by the 100-bar moving average on a four hour chart, the 200 day moving average, and a swing area. This area should provide topside resistance on the first look.See this video for more details. This article was written by Greg Michalowski at www.forexlive.com.

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EURUSD trades to a new high, and enters topside resistance area between 1.0864 - 1.08725 ...Middle East

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