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EUR/USD: Pressure Stays On The Downside To Extend Breakdown From The 1.1123/04 Lows

Discussion in 'Technical Analysis' started by Kaitlin, Oct 12, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Pressure stays on the downside to extend breakdown from the 1.1123/04 lows yesterday. The latter now reverts to resistance and only regaining this will fade the downside pressure. Below the 1.1046 support see risk to the 1.1000 next. Further out see scope to 1.0952 and 1.0913, Jul/Jun lows. [PL][​IMG]

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