Market sessions
EURUSD: bulls have returned to 1.13 in an attempt to break through
On Tuesday the 16th of April, trading on the euro closed down. The EURUSD pair was knocked off its perch of 1.1314 by Reuters, which reported that ECB policymakers doubt the bank’s projected economic growth figures for the second half of 2019, saying that they’re too optimistic. Within two hours, the pair had returned to the 1.1314 resistance, but failed to remain there. Trading on the euro closed in the lower half of the intraday range.
Market sessions
EURUSD: bulls ready for new highs
On Monday the 15th of April, trading on the euro closed slightly down. The pair dropped to 1.1298, slipping further to 1.1293 in Tuesday’s Asian session. As I see it, this was a technical correction.
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