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Euro breaks higher on soggy China

Discussion in 'Technical Analysis' started by ForexLive, Sep 8, 2015.

  1. ForexLive

    ForexLive Forum Member

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    EURUSD up through 1.1200 EURUSD has run up on risk aversion as more poor Chinese has the market feeling gloomy. As I type it's slowly falling back from the 1.1223 high and 1.1200 will be the first line that support should show itself, though 1.1210 is finding a few buyers. Failing that 1.1170/80 is the stronger line of support, followed by 1.1128 and the 200 H4 ma at 1.1120 and 100 dma at 1.1118

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