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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Oct 28, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro continues to trade in narrow consolidative range, above fresh low at 1.0995, awaiting today’s Fed statement. Neutral tone prevails on near-term studies, with pivotal barriers at 1.1094, broken bear-trendline, connecting 1.1712/1.1458 peaks and 200SMA at 1.1112, being intact for now. Initial barrier, hourly Ichimoku cloud, spanned at 1.1046/1.1067,[​IMG]

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