KrunchieKilleen

EUR/USD is moving within an upward sloping range

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FX:EURUSD   ユーロ/米ドル
My previous long-term Resistance Line A, though not yet breached, is quite irrelevant now, as I see the security moving within the orange-tinted range bound by Resistance Line B and Support Line C. The security will probably dip but, receiving Support at Line C, it is now unlikely to fall very far below $1.12. The over-all direction is up, but it will, of course, swing up and down within the range.

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