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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Dec 18, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The Euro accelerated lower after Fed, extending weakness from 200SMA rejections at 1.1040 zone. Two-legged descend found temporary support at 1.0830, with consolidation above here, seem preceding fresh weakness towards pivotal 1.0790 support zone, 07 Dec trough, reinforced by daily Kijun-sen and 20SMA. Violation of the latter is needed to[​IMG]

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