EUR/USD: Pressure Stays On The Downside Following Rejection From The 1.1252 High

Discussion in 'Technical Analysis' started by Kaitlin, Sep 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Pressure stays on the downside following rejection from the 1.1252 high last Fri. Risk seen for further weakness to retest the 200-day MA at 1.1130 then the 1.1123 low. Break will see further weakness to target 1.1071 then 1.1046 low. Resistance now at 1.1175 then the 1.1200/10 area. [PL][​IMG]

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