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EURUSD tumbles and squeezed back higher on FOMC statement

Discussion in 'Technical Analysis' started by ForexLive, Apr 27, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Trades back higher The EURUSD tumbled below the 200 bar initially and then shot back higher to new session highs (stalled right at topside trend line resistance. The pair is now trading at the midpoint of the day's range - sort of near the level when the details were released.

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