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Major pairs remain in existing directions after Paris attacks

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EURUSD The Euro quickly digested dramatic news during the weekend and showed no significant impact from Paris attacks on Friday. Week started with minor gap lower which was covered on early-Europe’s rally. Overnight’s retest at one-week consolidation floor at 1.0670 zone, proved that support is strong and would hold the downside in the near-term, for prolonged consolidation. Bearish tone prevails on all timeframes, suggesting limited upside actions, ahead of resumption of larger bear-leg from

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