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Technical analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The euro dollar currency pair extended the consolidation down and returned back into the consolidation range. We do not rule out the market fulfilling the test from below 1.1070. Next, we consider the main scenario as a further decline to the level of 1.0900. The pound against the US dollar currency pair has fulfilled another extension down. The next step - a correction to test the 1.4000 level from the bottom (as the minimum). The maximum correction can happen with a return to 1.4173. Then -

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