EURUSD - Bullish Signal On Penetration Above Daily Cloud Base

Discussion in 'Technical Analysis' started by Kaitlin, Aug 2, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The single currency maintains positive near-term tone and penetrated daily cloud base at 1.1167 which offered solid resistance in past few sessions, with fresh bulls probing above last Friday’s recovery peak at 1.1195. Bullish signal was generated on violation of cloud’s base, adding on existing positive signals, generated on multiple[​IMG]

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