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EURUSD - Weakness Probes Again Below Daily Cloud Top

Discussion in 'Technical Analysis' started by Kaitlin, Sep 28, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro remains under pressure in the near-term and extends pullback from 1.1277 (26 Sep peak) to fresh low at 1.1180 on Wednesday. Long red candle that was formed on Tuesday generated strong bearish signal. Renewed probe below strong 1.1200 support zone (daily Ichimoku cloud top/daily Tenkan-sen line), spiked to[​IMG]

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