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Cable cracks 1.51 support; focus at 1.5025/00 targets

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 24, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EURUSD The Euro enters near-term consolidation after unsuccessful first attempt below psychological 1.06 support and yesterday’s close in Doji. Top of 1.0599/1.0655 consolidation range is cracked on fresh acceleration from session low at 1.0619, which broke through initial resistance at 1.0642, hourly Ichimoku cloud base. However, bearish tone prevails on near-term studies and sees limited upside attempts. Extended rallies are expected to hold below falling daily 10SMA at 1.0695, also

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