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EURUSD: Ready for Another Round Down?

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    As expected the euro continued moving strongly towards the upside, reached both our first and second targets, then exceeded them by about 50 pips to reach 1.1218. So now that our targets have been reached, the eternal question pops up again: is this the end of the rally, or is the market still favoring the upside? That’s what we’ll try to answer this week. We’re updating our counts to reflect the most recent price action and to present tighter targets and invalidation points. And as usual

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