forex_managed_account_1

EUR/USD Extends Losing Streak

Discussion in 'Technical Analysis' started by Kaitlin, May 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    6,880
    Likes Received:
    0
    Even by sliding only 12 pips on Thursday, the EUR/USD currency pair has set a tone for deeper losses in the foreseeable future and prolonged its drop for a third straight day. Yesterday's loss was capped at the weekly S2 at 1.1182, but EUR/USD may retest this support over the[​IMG]

    Continue reading...
     
  2. Eliza Abrams

    Eliza Abrams Well-Known Member Trader

    Joined:
    Mar 11, 2016
    Messages:
    97
    Likes Received:
    0
    It's still consolidating and that will probably last well into next week.
     

Share This Page

free forex signals