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EURUSD - Loses Upside Momentum, Weakens

Discussion in 'Technical Analysis' started by Kaitlin, Mar 9, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    EURUSD With EURUSD losing upside momentum to close marginally lower on Tuesday and following through lower during early trading on Wednesday, it faces further downside pressure. Support lies at the 1.0950 level. Further down, support lies at the 1.0900 level where a violation will aim at the 1.0850 level.[​IMG]

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