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Daily Technical Outlook And Review

Discussion in 'Technical Analysis' started by Kaitlin, Sep 7, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    With the help of a lower than expected US ISM non-manufacturing PMI print, the shared currency rallied over 100 pips yesterday. Both the 1.12 handle and the H4 resistance at 1.1237 (now acting support) were wiped out, allowing price to challenge the H4 mid-way resistance 1.1250 going into the close.[​IMG]

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