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EURUSD Consolidates Ahead Of Strong 1.1112 Support, US Jobs Data In Focus

Discussion in 'Technical Analysis' started by Kaitlin, Aug 31, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro bounced from fresh three-week low at 1.1127, posted earlier today, but recovery attempts so far stay capped under strong 1.1162/67 resistance zone (daily Kijun-sen/broken daily Ichimoku cloud top). Tuesday's break and close below Kijun-sen line, added further pressure on already weak structure. The pair looks for stretch towards[​IMG]

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