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Forex technical analysis: EURUSD target reached....

Discussion in 'Technical Analysis' started by ForexLive, Dec 1, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Traders use the 200 hour MA to hold the line.... In an earlier post, the early NY session was showing some bullish bias. Specifically, I said: "On the topside. the range for the day is still low at 56 pips. So if there is support at the 1.0600 area now, the pair could see a move toward the big green line above at the 1.06286. The 38.2% of the move down from the Nov 19 high comes in at 1.06357. This area should find sellers."

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