EURUSD 2016-03-17
EUR/USD
1.1335
Market managed to hold support 1.1050 as we expected while FOMC projection for interest rate hike this year spur demand for most counter parties currencies against dollar .
Euro met our target 1.1240-80, while so far market rally still ongoing where Euro will face 1.1380 as resistance level
above 1.1380 market may hold strength for ability to expand the rally toward 1.1580 -1.1620 zone
from the other hand market will have support at 1.1275 and 1.1205
Support | Resistence | |
Level 1 | 1.1275 | 1.1380 |
Level 2 | 1.1205 | 1.1450 |
Level 3 | 1.1135 | 1.1520 |