The EUR has been the best performing currency this week compared to the Dollar & the Pound In our previous analysis we did mention a possible reversal on the pair after a bullish harmonic had formed on the daily chart. The pair is currently @ 38.2% FIB Retracement level & @ an area of resistance. We expect the pair to try and break above this resistance & trade in the 1.19 level If the pair fails to break above current resistance it will fall back to support @ 1.17600