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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Oct 29, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    Euro's sharp fall yesterday on hawkish Fed, probed below 1.09 support and cracked very important monthly bearish wedge pattern support line, which lies just below 1.09 handle. The pair closed below psychological 1.10 level, after yesterday's action was capped at 1.1095, by bear-trendline, which connects 1.1712/1.1458 peaks. Near-term consolidation is[​IMG]

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