Weekly Technical Outlook And Review

Discussion in 'Technical Analysis' started by Kaitlin, Aug 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The recently closed weekly candle, as can be seen from the chart, punched into a major weekly resistance area given at 1.1533-1.1278. This zone has capped upside in this market since May 2015 so a bearish reaction is likely. The next downside target to have an eye on this week[​IMG]

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