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EURUSD Faces Further Recovery Offensive On Rally

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 7, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    EURUSD: Having triggered a correction on Wednesday and followed through higher on Thursday, EURUSD faces further recovery offensive. On the upside, resistance comes in at 1.0900 level with a cut through here opening the door for more upside towards the 1.0950 level. Further up, resistance lies at the 1.1000 level where a break will expose the 1.0050 level. Its daily RSI is bullish and pointing higher suggesting further strength. Support lies at the 1.0800 level. Further down, support lies at

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