EUR/USD Testing Short-term Consolidation Resistance Area

Consolidation: The 1H EUR/USD chart shows a market in consolidation between resistance just above 1.31 and support just below 1.30. This is really part of a bigger consolidation zone that goes up to 1.32. Momentum: Since retreating from 1.32, the RSI has not been able to push much above 30. When it…

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EUR/USD Testing Short-term Consolidation Resistance Area

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