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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, May 27, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The Euro holds under two-day recovery high at 1.1215, following downside rejection at daily cloud base. Strong barriers at 1.1237/41 (daily Tenkan-sen 23 May lower top) stay intact for now, with Tenkan-sen line now in sideways mode, suggesting extended consolidation. Overall structure remains bearish and favors fresh attempts lower[​IMG]

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