EURUSD is waking...

Discussion in 'Technical Analysis' started by ForexLive, Jul 20, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    We moved outside the 10 pip range of the last 3 hours For 3 hours the EURUSD traded between 1.0998 and 1.1008. Well, we broke out of that range and are trading a the 1.1019-20 level. The 1.1023-29 level will continue to be a level to eye for this pair. Trade above it and the modest selling we have seen over the last day and a half, may turn to more aggressive buyers - just because (well the real "because" is the sellers failed to take the market price lower when they had the chance.

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