1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, May 31, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The Euro entered near-term consolidation phase, following yesterday's unsuccessful attempt below strong support at 1.1100 (200SMA).Subsequent bounce was modest, with brief probe above daily cloud base at 1.1142, being short-lived so far. The pair may spend some time in consolidation above sideways-moving 200SMA, however, overall structure remains bearish and favors[​IMG]

    Continue reading...

Share This Page