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Forex technical analysis: EURUSD tests post-Draghi low and bounces

Discussion in 'Technical Analysis' started by ForexLive, Dec 7, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Bounces on the test The EURUSD entered the US session by making new lows for the trading day. In doing so, the price got near the low corrective price from last weeks post-ECB meeting price action. That level came in at 1.0788. The low just reached 1.0795 and bounced (see 5- minute chart below).

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