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Today's Market Outlook

Discussion in 'Technical Analysis' started by Kaitlin, Jun 1, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The Euro holds in near-term sideways mode, consolidating above strong support at 1.1100 (200SMA). The pair is awaiting tomorrow's ECB meeting and Friday's US NFP data for fresh signals. Daily studies remain bearish, with yesterday's upside attempts through daily cloud base which marks key near-term resistance, being capped by daily[​IMG]

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