Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Dec 1, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro cracks 1.0564, near-term base floor, signaling resumption of larger downtrend, which was interrupted by brief 1.0564/1.0636 consolidation. Overall structure remains bearish and supports further weakness towards immediate target at 1.0519, 13 Apr low and key support at 1.0461, Mar 2015 yearly low. Falling daily 10SMA, which maintains downtrend[​IMG]

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