EURUSD 2014-10-28
EUR/USD
1.2690
EURO on trading zone
market managed to fell below 1.2700 amid U.S Inflation data , where market managed to test 1.2615 last week
market still holding chance for more drop to test 1.2570 while short-run trading zone still have chance to sustain between 1.2500 – 1.3060
market facing resistance at 1.2700-30 zone , where as long as market holding trades below this level expect farther drop toward 1.2570 , while above 1.2730 market may build another advance toward 1.3060
short-run trading range may hold trades between 1.2500 – 1.3060
Daily Trend: Up
Weekly Trend: Down
Support | Resistence | |
Level 1 | 1.2610 | 1.2700-30 |
Level 2 | 1.2570 | 1.2775 |
Level 3 | 1.2500 | 1.2840 |