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EUR/USD hits the wall at 1.0435
As the EUR/USD lifted above 1.04 yesterday an update here questioned how much further it might rise, based on the latest headlines from Donald Trump, that got it up there in the first place. The important and noted double top, in place at 1.0434 and 1.0437 was highlighted here. The EUR/USD closed in the US last night at 1.0416. The price action just after the Asian opening today saw the Euro reach a high at 1.0435 before the fresh comments from Trump sent it reeling lower. The EUR/USD slumped to a low so far at 1.0353. It has bounced off that low now, but since sliding back underneath the 1.04 handle it is yet to recapture it. The upshot of all this; the noted double top is now a potential triple top on the daily charts folks. We shall see how this day pans out, but be mindful it could be another volatile day ahead. The EUR/USD is right now at 1.0377
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