EUR/USD Enclosed Between 1.1050 And 1.0950

Discussion in 'Technical Analysis' started by Kaitlin, Feb 25, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The pair stalled after it had broken through the 200-day moving average. From above the fluctuations are now limited by 1.1050, while any attempts of the bears to push the price lower are to be prevented by a dense demand area at 1.0970/50, which consists of the up-trend, monthly R1,[​IMG]

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