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EUR/USD Sets Eye On Key Resistance At 1.0940

Discussion in 'Technical Analysis' started by Kaitlin, Feb 3, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    EUR/USD booked some moderate gains throughout the session on Tuesday, but it was repeatedly contained by the two-month downtrend line at 1.0940. This one remains a key supply level for the pair, which also guards 100-day SMA and monthly R1 at 1.0959/72. Unless all of them are breached, the focus[​IMG]

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