Forex Technical Update



Testing Daily resistance at 131.80/90

A Break Up here will result in another attempt to break 132.40

Failure to overcome 131.90 will result in a return to 131.40 or even 131.00


EUR showing strength having broken 0.8660 pivot, now looks to test 0.8720 Resistance

Failure to hold 0.8660 would see a pullback to 0.8620/0.8600.00


EURCHF trading up off the recent lows of 1.0940 is testing Resistance at 1.0980/90

A break of 1.0990 will see 1.1020 next.

Failure at at 1.0980/90 points to another test of 1.0940

Published by Neil Callard

Forex Trader and Educator. 30 years trading experience, of which 20 years was market making in major currencies in large international financial institutions.

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