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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Apr 6, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Pullback from fresh high at 1.1436 remains contained above pivotal 1.1330/00 support zone (Fibo 38.2% of 1.1151/1.1436 upleg rising 10SMA sideways-moving daily Tenkan-sen line), with long-tailed candles of past two days, showing existing buying interest. Supports at 1.1330/00 zone are seen as ideal reversal point of corrective pullback[​IMG]

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