EURUSD test 1.18000 resistance area - ConsultFX

EURUSD test 1.18000 resistance area

100 day MA, 200 hour MA and 38.2% retracement at 1.1800 area The price is moving above the level as I type and trades at 1.1810. The 1.18287 is the next target. That equals the 50% of the move down (see chart above).  Copyright 2015 Forexlive.com