Euro breaks to session high – technical analysis

Author: Adam Button | Category: Forex Orders

Author: Adam Button

Markets are turning around in style.

The euro is now higher on the day at 1.3136 from as low as 1.3059. The euro bidders came in beautifully at the 61.8% retracement, which was also a zone of major technical convergence.

EURUSD daily chart

Offers at 1.31510 (medium sized) with better sellers at 1.3060/65 and more at 1.3180 with buy stops above.