EURUSD: Consolidating


Are you trading today? Read the*Forex Trading Strategies for the Day.EUR/USD Consolidating. EUR/USD has broken hourly support at 1.1236 (27/08/2015 low). Hourly resistance is given at 1.1332 (01/09/2015 high) and stronger resistance lies at 1.1714 (24/08/2015 high). In the longer term, the symmetrical triangle from 2010-2014 favored further weakness towards parity. As a result, we view the recent sideways
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