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EURUSD Holds Above Broken 200SMA But Upside Attempts Are Limited For Now

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

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The Euro holds above 1.1100 handle (200SMA) which was broken yesterday and market closed above it. Bullishly aligned near-term studies support further upside action, but attempts higher were so far limited near yesterday’s high at 1.1130. The pair looks for extension towards next pivots at 1.1167 (converged daily Tenkan-sen[​IMG]

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