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EURUSD Going Down But Watch For 1.0720

Discussion in 'Technical Analysis' started by Kaitlin, Jan 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The EURUSD has dropped heavily after surging up to 1.0950 zone. USD went strong in new 2016 and we can see a sell off in USD correlated pairs. Technically we have 2 POC's to watch for. POC (L3, trend line, 38.2 resistance) comes in 1.0855 zone while POC2 (H3, trend[​IMG]

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