Eur/Usd: Weekly Chart Analysis


I did a comprehensive report on the Eur/Usd on Friday and one of my readers made the comment about weekly resistance. That is why I ask for comments because I like to know what you are thinking and yes I do miss things. So I decided to update that post with showing the weekly chart and showing the resistance. You can follow me on twitter to get all of my updates.

Now the pair is currently very bullish but this is strong resistance and that could change the momentum in this pair if the price gets knocked down when we start challenging the resistance.

Look at the weekly chart below.

That could act as a strong area so be ready for anything this upcoming week. One thing else to consider is that
the ECB will be voting you can read more about that in this article.

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  • Hytham

    In my chart, the resistance is around 4350…. Any way, this week news will tell which way the pair is due to move.