The EURUSD rallied to a seven day high

The EURUSD rallied to a seven day high

15 May 2018, 18:56
Realtrade Analytics
0
52
15.05.2018

EURUSD (1.1933): The EURUSD rallied to a seven day high on Monday with price reaching intraday highs of 1.1963 before easing back on the day.

The declines came off the highs as it coincided with the recently breached support level that has now turned into resistance.

A bearish close below 1.1920 could potentially signal a near-term decline in price.


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