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The Currency Charts That Matter

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EURUSD - tested key area... ...and found buyers. The recent pull back from 1.1375 has put Euro longs under a lot of pressure particularly once trade got below 1.1059 and 200 MA, the last chance for buyers came on a re-test of the tight range (boxed) which coincided with trend line test. So far the area is holding and consolidating above, a move back above 1.1059 will be necessary to confirm the renewed strength. Any break into the range and through both trend lines should see

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