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EURUSD Holds Above Daily Cloud Ahead Of US Jobs Data

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

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro eases from recovery tops at 1.1204/06, following strong rally on Thursday that left long bullish daily candle and closed above daily cloud top at 1.1167 that eased near-term bearish pressure towards key supports at 1.1120 (200SMA daily cloud base). Near-term outlook is mixed, however, near-term focus remains[​IMG]

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