EUR/USD Trades Lower On Tuesday Morning

Discussion in 'Technical Analysis' started by Kaitlin, Aug 30, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The common European currency is threading lower against the US Dollar, as the rate has retreated below the Monday's opening price of 1.1174. Previously, on Monday the rate bounced between 20 and 100-day SMAs from the upside around 1.1215 and the 55-day SMA from the downside at 1.1151. It seem[​IMG]

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