EURUSD - Break Below Daily Kijun-Sen Could Trigger Acceleration Towards 200SMA Daily Cloud Base

Discussion in 'Technical Analysis' started by Kaitlin, Aug 30, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Near-term price action attempts again through cracked daily cloud top/daily Kijun-sen line supports at 1.1167/62 which contained Monday's dip. Overall structure is weakening as daily 20 & 30 SMA's turned into bearish mode and momentum is heading south and currently standing at the midline.[​IMG]

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