Forex Trading Library

EURUSD 2016-03-08

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EUR/USD

1.1010

Market managed to advance above 1.1000 levels as we advised yesterday while managed only to print 1.1044 as high so far

as long as market holding trades below resistance 1.1070-80 the downtrend wave will sustain toward 1.0710-30 zone

above 1.1080 market may head for another advance toward 1.1250 zone

intraday trading indicators showing first support at 1.0980-90 where as long as market holding above this zone expect more chances for fresh highs

  Support Resistence
Level 1 1.0980-90 1.1070-80
Level 2 1.0900 1.1150
Level 3 1.0830-50 1.1250
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