EUR/USD Tries To Recover From 1.08

Discussion in 'Technical Analysis' started by Kaitlin, Jan 25, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Bears approached the market on Friday, following earlier ECB comments about possible policy changes in March. EUR/USD dipped below 55-day SMA and monthly PP to close the week just under 1.08. In the Asian session on Monday, however, it attempts to regain strength and come back into the triangle pattern.[​IMG]

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