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Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for February 22nd, 2016 EUR USD, “Euro vs US Dollar” The euro dollar currency pair is now under pressure to decline. With the breakdown of minimums, we consider the continued decline to the level of 1.1000. In practice, the market trades the first wave of reduction to the level of 1.0900. Now the whole structure is lined with lows updates through consolidation ranges. The market has not yet performed a correction to this decrease and at any time the pair can go to test below 1.1250.

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