EUR/USD Is Inching Higher Towards 55-Day SMA

Discussion in 'Technical Analysis' started by Kaitlin, Dec 22, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    EUR/USD performed in a confident up-trend on Monday, although the day brought very few fundamental drivers. The pair closed above the weekly pivot point and approached the 55-day SMA at 1.0933. However, this level remains untouched for the time being. According to the daily technical indicators, the Euro should continue[​IMG]

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