Technical Outlook for Majors 26/02/2016

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Technical Outlook for Majors 26/02/2016

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02-26-2016, 04:59 AM

WindsorBrokers WindsorBrokers is offline

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Technical Outlook for Majors 26/02/2016

EURUSD
The Euro probed above 200SMA at 1.1046, which capped past three-day action and marks initial breakpoint. Fresh upside attempts come after triple Doji, which confirmed strong indecision, after the pair probed below psychological 1.10 support, but failed to sustain break.
Recovery action was signaled by daily Slow Stochastic reversing from oversold zone, but was so far short-lived.
Setup of daily MA

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