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Weekly Technical Perspective on the Euro

From dailyfx.com

In this series we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. Here are the key targets & invalidation levels that matter on the Euro weekly chart (EUR/USD). Review this week’s Strategy Webinar for an in-depth breakdown of this setup and more. Notes: In last month’s Weekly Technical Perspective on the Euro, we highlighted a critical support zone in EUR/USD at 1.1606, “where the October low-close converges on the median-line of the broader ascending pitchfork formation and basic trendline support extending off the 2016 low. We’ve been tracking this ... (full story)

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  • Category: Technical Analysis