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EURUSD Reaching For 1.1217, While Price Trades Beaneath 1.1448

Discussion in 'Technical Analysis' started by Kaitlin, May 17, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    EURUSD is trading lower for the last few weeks away from 1.1616 where market might found a high if we consider a complex corrective recovery up into blue wave C-circled that represents part of a big consolidation on a daily chart. Notice that price recently fell beneath the trendline support[​IMG]

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