Forex Trading Library

EURUSD 2016-02-25

0 178

EUR/USD

1.1015

As we see over the chart, market managed to hold support line of the uptrend channel on first test where market still holding trades inside our expected zone 1.0960 – 1.1070

as long as market holding below 1.1070 the downtrend pressure will sustain over short-run to re-test 1.0960

above 1.1070 market will have chance to head to test 1.1140 with bigger chance to break above it to sustain advance toward 1.1250

below 1.0960 market will add more drop pressure to head toward 1.0800 zone and 1.0710-30 zone

  Support Resistence
Level 1 1.0960 1.1070
Level 2 1.0800-30 1.1140
Level 3 1.0710-30 1.1250
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