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EURUSD Watch for 1.1055 if it doesn't spike up from POC

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 24, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The EURUSD is standing at very important POC 1.1145-60. This is 4h support and POC ( T-89 ™, Inner Trend Line, Historical Bullish Order Block). If EURUSD wants to go up it should spike from POC else we might see a drop towards 1.1055 -a historical BPC pattern. On the chart we can easily identify POC with T-89 and the support EURUSD is currently standing at.If the pair rejects next level is 1.1220 then1.1270 and 1.1340 but if the pair doesn't reject than 1.1055 is in sight with 1.1020 and

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