Tue, 30 Jul 2013 07:21:09 GMT
EUR/USD 1H Chart: Channel Up
We continue to observe development of the bullish channel on a EUR/USD chart. The currency pair, as expected, respected the rising resistance line and is currently headed towards the lower boundary of the corridor at 1.3233. This in turn is supposed to initiate a rally that should encounter and eventually overcome obstacles at 1.3266 and 1.3292. And even though the