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: EURUSD having a Friday type of day after failing to break higher

Discussion in 'Technical Analysis' started by ForexLive, Mar 18, 2016.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    14,115
    Likes Received:
    1
    Couldn't break higher. Goes lower. Up on the week. Profit taking before the weekend. The EURUSD this week bottomed just above the 200 day MA at 1.1048 - the low was 1.1057. That was on Wednesday. Needless to say, the FOMC decision had a say in the the move higher.

    Read full forex technical analysis here
     
  2. Eliza Abrams

    Eliza Abrams Well-Known Member Trader

    Joined:
    Mar 11, 2016
    Messages:
    97
    Likes Received:
    0
    EUR/USD has had that kind of a day for months now, to be honest.
     

Share This Page