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Weekly Technical Outlook And Review

Discussion in 'Technical Analysis' started by Kaitlin, Feb 29, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The past week saw the single currency decline a further 200 pips into the close 1.0924, resulting in a rather vicious full-bodied bearish weekly candle forming. Consequent to this, weekly support (now acting resistance) at 1.0983 was taken out, thus opening up the possibility for further downside this week to[​IMG]

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