1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

It looks like a Friday. It smells like a Friday. It is Friday.

Discussion in 'Technical Analysis' started by ForexLive, Feb 12, 2016.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    14,008
    Likes Received:
    1
    Holiday on Monday We are a nearly 3 hours into the NA trading session and we are getting those Friday vibes. The EURUSD fell on the stronger retail sales but held support near the trend line support at 1.1229.. There was another push that took out the lows on headlines of an ECB cut and that was quickly reversed. Michigan consumer sentiment came out weaker but the 100 bar MA held resistance on the 3rd consecutive test. The price is now rotated back to the low 1.1240s

    Read full forex technical analysis here
     

Share This Page