EUR/USD: Top Of Converging Range; Cable: New High Not Confirmed By RSI – Commerzbank

2014-04-29 11:29:39 – Best Cash Back Forex Rebates : EUR/USD: Top Of Converging Range; Cable: New High Not Confirmed By RSI – Commerzbank
Daily Forex News:

EUR/USD is grinding higher, but it is not a dynamic move yet, notes Commerzbank.

“Although we remain unable to rule out an extension to the 1.3967 recent high and then the two resistance lines at 1.4008 and 1.4016 (on weekly chart – these connect the highs from 2012), we look for these latter l…

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