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Weekly Technical Outlook And Review

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

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The weekly resistance area at 1.1533-1.1278, once again, played a big part in last week’s trading. Taking into consideration that this zone has primarily capped upside since May 2015 (see red arrows), we feel that price will eventually touch base with weekly support penciled in at 1.0796 in the near future.[​IMG]

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