Re: Resistances and Supports
Recently it looks as though the EURUSD is not making any decisive directional move, although the current bias is towards the downside. Any possible bullish attempts are not supposed to take the price above the resistance line of 1.3150, whereas the bears could push the price lower towards the support lines of 1.2950 and 1.2900 respectively. For the next several trading days, I would assume a bearish outlook.