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And down goes the EURUSD...

Discussion in 'Technical Analysis' started by ForexLive, Aug 12, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Messy...Messy...Messy The EURUSD has broken back below the 1.1188 -92 area and this time, the longs are giving up. Contributing is a move lower in the EURJPY which is falling away from the 200 hour MA/50% retracement. Meanwhile the USDJPY is being supported at 101.00. So by default the EURUSD falls.

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