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NFP Day Today Traders – Expect Heavy Market Action!

Discussion in 'Technical Analysis' started by Kaitlin, Nov 6, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    Following Wednesday's steep descent, the EUR pair was relatively quiet during yesterday's trade. Price managed to reach lows beyond mid-level support 1.0850 at 1.0833, forming a nice-looking buying tail in the process. To the upside, however, the bulls recorded highs of 1.0897, three pips below psychological resistance 1.0900.[​IMG]

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