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As EURUSD takes another dunking, 1.1120/25 support comes into view

Discussion in 'Technical Analysis' started by ForexLive, Sep 30, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    The unloved Euro dips again EURUSD has slipped through support around 1.1160 by a few pips as the sellers still keep the pressure on. The 200 dma is in play here at 1.1159, as is the 55 and 100 at 1.1177 and 1.1185. A close below all three could be trouble. There's not much love for the euro right now but even so, we're still within the recent ranges.

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