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After the downfall, EUR/USD faces limits at 1.1650 and 1.1440

After the EUR/USD suffered the biggest fall since Donald Trump was elected President, it is looking for the next move: a recovery or further falls? The targets look clear. The Technical Confluences Indicator shows that a recovery will face a dense cluster of resistance at 1.1650 which is the convergence of the Fibonacci 23.6% one-month, the one-week low, and the Simple […] The post After the downfall, EUR/USD faces limits at 1.1650 and 1.1440 appeared first on Forex Crunch.

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