Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Jan 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro continues to trade between 1.08/1.0967congestion, after last Friday's extended recovery rally stalled on approach to psychological 1.10 barrier. Subsequent strong pullback, which continued today, reversed the most of Friday's rally, keeping intact pivotal daily cloud top resistance at 1.10 zone. However, hourly uptrend from 1.08, defined by bull-trendline,[​IMG]

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