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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Nov 4, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Near-term consolidation above 1.0895 low, remains capped by falling trendline that connects 1.1712 and 1.1458 peaks, which currently lies at 1.1042. Barrier is reinforced by falling daily 10SMA and together with 200SMA at 1.1106, marks strong resistance zone, which is seen capping upside attempts, ahead of fresh push lower. Near-term[​IMG]

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