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Forex technical analysis: EURUSD making its way to April lows

Discussion in 'Technical Analysis' started by ForexLive, Apr 22, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Low for the month at 1.1233 The EURUSD has moved to new session lows at the 1.1245 and looks toward the low for April at 1.1233. The price has fallen below a trend line connect recent lows on the daily chart. In fact, it is a head and shoulders break (at 1.1269). Risk is a move back above today - and staying above that line. Traders will want to see the price cl

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