By: Jamie Coleman
There is a zone of resistance on the short-term charts in the 1.2615/30 region and small sell orders are mixed in in that region now, traders report. Support lies in the 1.2570/85 region with the 38.2% retracement of the 1.2407/1.2693 rally as well as a bottom on the short-term charts.
There is a zone of resistance on the short-term charts in the 1.2615/30 region and small sell orders are mixed in in that region now, traders report. Support lies in the 1.2570/85 region with the 38.2% retracement of the 1.2407/1.2693 rally as well as a bottom on the short-term charts.
