Forex technical analysis: In the choppy seas, EURUSD traders finds support where it should

Discussion in 'Technical Analysis' started by ForexLive, Jan 20, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Market is still choppy, like see water in a storm... Speaking of storm, the winds of a crappy stock opening is looming in the USA as European indices are down large (like up to 3.5% down) and that has helped contribute to the choppy conditions. Sometimes, the flow of funds go the EURUSD way. Sometimes it does not. Trying to figure out "the story" can be hard at times. The market traders do seem to be looking at a chart and in the sea of up and down choppy, they see points where it might make sense to put a toe in the water. That is how I see it at least.

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