1. Hello Guest Click here to check FX Binary Point Financial Directory

EUR/USD Breaches Dec-Jan Downtrend, Exposes 1.10 Area

Discussion in 'Technical Analysis' started by Kaitlin, Jan 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    On Friday the most popular FX currency pair violated the two-month trend-line near 1.09, while daily gains attempted to push the pair as high at 1.10 (100-day SMA; Bollinger band). However, bearish market participants overtook the lead by the end of US trading and closed the week at 1.0915. Some[​IMG]

    Continue reading...

Share This Page