EURUSD cracks outside "the range"

Technical Analysis

Author: Greg Michalowski | eurusd

Breaks below the swing area, 38.2% retracement.  

The EURUSD has broken outside "the ranges" breaking below the 1.1162-67 area (now risk for shorts). The price has moved to a low of 1.1156 so far.  

The 1.11377 is the 50% of the move up from the August 1 low.   That is the next downside target should the break remain a break.  

The EURUSD has made a break

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose