Forex technical analysis: EURUSD tries a lower break, but...

Discussion in 'Technical Analysis' started by ForexLive, Jul 6, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Range extended on the downside and snaps back. The upside test could not be sustained, thanks to the topside resistance against the 200 hour MA (and above that the 200 day MA). The pair just extended to new lows but that is quickly being reversed in a quick snap back rally. UGH. Liquidity conditions light in this the July 4th holiday week?

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