EUR Index fails to break ECB highs

EUR Index fails to break ECB highs
Written by:
John Adam
2nd July 2014
Updated: 5th March 2020

[!fm[](/uploads/story/11795/pic2.png)](# “”)

A very interesting failure to break the ECB highs has pushed us back to channel support so what happens next will be crucial. If support holds and we creep higher then it looks like we’ll break to the upside, if we fail to hold support then we could see a deeper retracement lower for the Euro within the current bullish channel. I am bullish EUR% want to see minor support hold before adding to longs
**EUR% Index Resistance: EURUSD 1.3700, 1.3717, 1.3750**
**EUR% Index Support: EURUSD 1.3676, 1.3634**
Get RCIS Indicator here

Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.

Invezz uses cookies to provide you with a great user experience. By using Invezz, you accept our privacy policy.