jsaettele

EURUSD Resistance and Downside Acceleration Level

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
Not much change regarding EURUSD. Price did bounce near 1.1630 and resistance should be between 1.1720 and 1.1775 if reached. This zone has been an important pivot since July. Downside focus remains 1.1450-1.1500. Be aware that a break below the median line would likely lead to downside acceleration towards the target zone. Visit scandex.com for more.

Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: www.krilogy.com/
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