Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Feb 25, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The Euro returned above 1.10 handle, after yesterday's extended dip to 1.0955, where daily 100SMA contained dip. Yesterday's trading was shaped in long-legged Doji, which signals indecision, as the second attempt to close below 1.10 handle failed. Near-term technicals are mixed and suggest further consolidation, with strong resistance at 1.1046[​IMG]

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