EUR/USD technical analysis: support & resistance levels. "Stay negative" - ConsultFX

EUR/USD technical analysis: support & resistance levels. "Stay negative"

An overnight note from Commerzbank on their EUR/USD charts EUR/USD's outlook stays negative, the market last week closed below 1.1662 the 17th August low and is struggling very near term to regain this resistance. It has recently completed a head and shoulders top pattern 1.2092-1.1662, targeting 1.1232. Given the close proximity of the 200 day ma Copyright 2015 Forexlive.com