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EUR/USD: Trying To Recover Following Bounce From The 200-Day MA Yesterday

Discussion in 'Technical Analysis' started by Kaitlin, Sep 1, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Trying to recover following bounce from the 200-day MA yesterday though the upside still limited. Resistance now at 1.1181 and the 1.1200 level, lift over the latter needed to clear the way for stronger recovery to 1.1245 resistance. Break of the 200-day MA at 1.1123 will see further weakness to 1.1071 and 1.1046 low. [PL][​IMG]

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