EUR/USD holds 1.15661 to the pip - reclaim or fade？
EUR/USD recorded a low at 1.15661 on Wednesday, the same price as the floor of the range it has traded since 31 August, and has since rebounded to 1.16016 without a close below it. This analysis argues that the range is intact at both ends and that the rebound has run into the same descending structure that has capped every attempt since the August high. Key topics covered Both trigger levels from yesterday's map were respected: The bearish condition required a four-hour close below 1.15661 …
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