Forex technical analysis: EURUSD tests key resistance

Discussion in 'Technical Analysis' started by ForexLive, Feb 25, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    200 day and 50% of the years range provide a ceiling above Yesterday the pair held the 100 day MA/61.8% retracement held support. Today the 200 day and midpoint of the years range is providing a ceiling. The 50% midpoint comes in at 1.10428. The 200 day MA comes in at 1.10475 today. The high for the day stalled at 1.10448 - between the two levels.

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