Trade indices Online
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

So much for congestion in the EURUSD...

Discussion in 'Technical Analysis' started by ForexLive, Jul 5, 2016.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    15,147
    Likes Received:
    1
    Congestion area broken and traders exit in a hurry The , but then the support gave way and traders exited/sold into to break (get me OUT) The fall has now taken the price to - and through the 1.10966 level where the 200 day MA and trend line came together. That MA line held support on Monday during the London morning session. The break below today will now make that level worth eyeing as resistance now.

    Read full forex technical analysis here
     

Share This Page

Trade indices Online