EUR/USD: Long Upper Wick Following Rejection From The 1.1257 High Weighs

Discussion in 'Technical Analysis' started by Kaitlin, Sep 23, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Long upper wick following rejection from the 1.1257 high weighs and suggest more consolidation within the 4-wk range area persisting. Below the 1.1200 level see support starting at 1.1185 and the 200-day MA at 1.1153, then the 1.1123 low. Would need lift over 1.1257 to expose 1.1284 and 1.1327 highs to retest. [PL][​IMG]

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