Forex Trading Library

EURUSD 2015-10-20

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EUR USD

1.1379

EUR USD success to break the descending triangle, and now we still seeing the buying pressure is stronger.

As long as market higher than the levels of 1.1230s then an upward move to 1.16s is the higher probable move, however, if market fall below the bottom of that pattern which is at 1.1180s then we would see a re-test of the levels of 1.1060s initially.

  Support Resistence
Level 1 1.1300 1.1380
Level 2 1.1250 1.1429
Level 3 1.1150 1.1537
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