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EURUSD Rounded top shaping up

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    As we could read in my previous EURUSD analysis the pair perfectly followed up the technical research and it broke through 1.0780 down to 1.0720. I have explicitly stated that traders should be wary about 1.0720 and it was definitely proven today and yesterday. So far 1.0720 has been a tough nut to crack. Good ADP number haven’t shaken the pair much but well, the EURUSD has been dropping prior to ADP and we should see a strong break below 1.0720 for further down. Technically the

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