posted by
ejc
364 days ago
in EUR, Technical, Daily
made popular 364 days ago
The 1.2500 barrier option was broken and the subsequent corrective move higher took the price above the 38.2% -50% of the trend move down (see chart above). That move above the 50% took some steam out the trend move and although the price has since rotated back down, the 1.2514 area (low from yesterday) may give cause for pause....more.