1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Forex technical analysis: EURGBP falls below support area

Discussion in 'Technical Analysis' started by ForexLive, Apr 20, 2016.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    14,075
    Likes Received:
    1
    Making a break lower... The EURGBP is under pressure today with the price falling below the 200 bar MA on the 4-hour chart. Yesterday, there was a bar that closed below that MA line. This was the first close below the line since March 10. It was also short lived as the price moved higher into the close.

    Read full forex technical analysis here
     

Share This Page