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EURUSD Maintains Symmetrical Triangle

Discussion in 'Technical Analysis' started by Kaitlin, Jan 29, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Even as the EURUSD managed to turn upwards from two-month old ascending trend-line, forming part of "Symmetrical Triangle" continuation pattern, the pair couldn't surpass the pattern resistance, presently at 1.0965-70, and is witnessing pullbacks towards testing 1.0850 immediate support. However, pair's further downside below 1.0850 is likely being confined by[​IMG]

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