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Euro strides into 1.1200 but for how long?

Discussion in 'Technical Analysis' started by ForexLive, May 26, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Since last week's first dunking under 1.1200 the euro has failed to build on upside moves. Are we going to see the same again? 1.1225/30 is going to be the next test for the euro if it is to maintain this move. All of a sudden the dollar has gone a bit wonky around the board but these days it's the euro that's always most at risk of not taking advantage. Certainly the pound is still off in la la land and not taking part.

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