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EUR/USD Plans To Attack 200-Day SMA

Discussion in 'Technical Analysis' started by Kaitlin, Mar 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    EUR/USD advanced for a third trading day in a row on Monday and neared the monthly pivot point at 1.1021, which is succeeded by the 200-day SMA at 1.1045. Bullish momentum is strong, and it was able to reverse earlier intraday losses yesterday. We are now looking for an attack[​IMG]

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