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So much for congestion in the EURUSD...

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

  1. ForexLive

    ForexLive Forum Member

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    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.

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