Jan 2016 low at 1.07086
The EURUSD bottomed last week after trading below the April 2015 low at 1.0520 and the December 2015 low at 1.05187. The low on Wednesday reached 1.0517 – just a couple pips below those two swing lows. The pair has swung back higher and has extended higher in trading today. Let’s call the low from last week a triple bottom. What next?
Forex technical analysis: EURUSD corrects towards the “old” 2016 low
