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EURUSD Retested Key 1.1122 Support, Further Pressure Expected While Price Holds Below Daily...

Discussion in 'Technical Analysis' started by Kaitlin, Sep 21, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The Euro fell below 1.1148 support that kept the downside protected in past three days and touched key near-term support at 1.1122 (31 Aug low). Fresh weakness is now establishing below thin daily cloud (spanned between 1.1159/67), with firm break below 1.1122 and close below 1.1108 (Fibo 61.8% of larger[​IMG]

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