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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Jan 15, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro remains congested between 1.08 and 1.0967, following yesterday's upside failure at 1.0941 that left another long-legged daily candle which indicates directionless mode. Overall structure is bearishly aligned, as 30SMA at 1.0900 so far caps and several attempts above bear-channel resistance, were so far unsuccessful. Rejection tops at 1.0941/67,[​IMG]

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