Forex Trading Library

EURUSD 2016-05-13

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EUR/USD

1.1350

Market managed to hit below 1.1360 in more signs of more retreat still yet to come

market showing ability for trading zone between 1.1220 – 1.1395

as we see over the chart, market facing resistance at 1.1390-95 where as long as market holding below will expect farther drop toward 1.1220-50 zone before rebound toward 1.1395 may hit the market

above 1.1450-80 market may restore strength again

  Support Resistence
Level 1 1.1310 1.1390-95
Level 2 1.1250-70 1.1450-80
Level 3 1.1220 1.1620
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