Forex technical analysis: EURUSD trading near day lows

Discussion in 'Technical Analysis' started by ForexLive, Dec 18, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Watching 1.0863 above now The EURUSD is trading near low levels for the day and is in the range defined by swing lows from earlier in the year. That area is defined by 1.0795 and 1.0863 (see daily chart below). Trade below the 1.0863 and the bears remain in control. Move below the 1.0795 and there should be some further momentum to the downside.

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