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Forex technical analysis: EURUSD gets another boost.

Discussion in 'Technical Analysis' started by ForexLive, Dec 4, 2015.

  1. ForexLive

    ForexLive Forum Member

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    This time from ISM Non Mfg Composite. Yikes.. The EURUSD was looking to break further down but a weaker ISM non-Mfg composite index has saved the day (for the buyers that is) and the pair shot back higher. The move has taken the price back to toward the 1.0863 level. The level was near swing lows during the May to August time period (see daily chart below). The high just reached 1.0868.

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