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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Nov 14, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The Euro came under pressure after yesterday's recovery extension above three-day congestion tops stalled at 1.0828 and today's renewed upside attempts were capped at 1.0816. Falling 10SMA, which limited recovery action, marks strong resistance, which is expected to ideally cap and keep intact daily Tenkan-sen at 1.0850. Bearish daily structure[​IMG]

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