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Weekly Overview on Majors' Price Action

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EURUSD - Back in its Comfort Zone A new year has begun, but the EURUSD is stilltrading in the comfort of December’s range. The side move is limited by the15th of December high of 1.1055 and the 7th of December low of 1.0796. After itbroke above the Fibonacci, set in the past analysis, the price of the mosttraded currency pairs rallied to retest 1.1000. The 250 pips range may continue to sit strongduring the first half of January. I expect volumes and volatility to startpicking up in the second

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