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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Apr 19, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The pair holds positive near-term tone on two-day recovery from 1.1232 low, which came ticks away from pivotal 1.1348 barrier (daily Tenkan-sen line 50% retracement of 1.1463/1.1232 downleg). Overall bullish structure favors further upside, as reversed daily Slow Stochastic shows more room for bullish extension. Sustained break above Tenkan-sen[​IMG]

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