Euro set to close below key level but another level looms

Discussion in 'Technical Analysis' started by ForexLive, May 27, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    EUR/USD sags to the finish line Barring a last minute jump, the euro will finish the day near the lows and at the worst level since March 16. Perhaps more importantly, it will close below the 61.8% retracement of the March-April rally. That puts the entire move in jeopardy and points to a return to 1.08.

    Read full forex technical analysis here

Share This Page

free forex signals