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Daily Technical Outlook And Review

Discussion in 'Technical Analysis' started by Kaitlin, May 17, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Following the bearish pin bar formed within supply at 1.1533-1.1278 two weeks back, the single currency, as expected, tumbled lower last week. Due to this zone managing to cap upside since May 2015 (see red arrows) we still feel lower prices are on the cards, as the next logical target[​IMG]

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