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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Feb 5, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The Euro rallied strongly yesterday, boosted by significantly weaker dollar and broke above pivotal barriers at 1.0980, former range tops and 1.1005, daily Ichimoku cloud top. Rally also took out 1.1052 /60 resistance zone, 200SMA 15 Dec top and also cracked 1.1122, Fibonacci 61.8% of 1.1494/1.0519 descend. Trading closed[​IMG]

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