EUR/USD Technical View After 6 weeks of gains the Euro had it's first week of loses against the US dollar. The week started with a down day but the pair recovered on Tuesday and printed a new high at 1.3850, after making a new high we saw a small retracement in the afternoon which turned into a full reversal on Wednesday and although some thought that the pair had found some strong support with Thursday's move that was not the case as we saw another big red candle on Friday. Euro is now trading very close to a crowded area, full of support and resistance lines; a continuation of the south move will get the pair very ... (full story)