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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

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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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