EURUSD looking for its next squeeze play?

Discussion in 'Technical Analysis' started by ForexLive, Aug 2, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Above intraday trend line The EURUSD has moved above a trend line on the 5-minute chart (thank you Michael for that line) and we are seeing modest buying. We are also not seeing selling yet. So the buyers remain in control. Above looms the 100 day MA at the 1.1235 level. That should be a tough nut to crack, but...

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