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EURUSD Trades At The Upper Side Of Daily Cloud, Eyes Strong Barrier At 1. ...

Discussion in 'Technical Analysis' started by Kaitlin, Jun 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro peaked at 1.1381 on fresh bullish extension in early Monday's trading, after weekly start with gap-higher opening. Bullish weekly candle with long tail, signals strong upside momentum off last week's low at 1.1129, with daily MA's turning into bullish setup. Fresh rally broke above weekly cloud top at[​IMG]

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