Forex Trading Library

EURUSD 2016-08-12

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As we advised yesterday:

Market managed to hold trades above 1.1115 after last break while failed so far to test resistance zone 1.1230-50 zone

market may hold short-run trading zone between those levels

below 1.1085 market may head for farther drop toward 1.0910-50 zone

above 1.1260 market may activate another pull wave that may target 1.1400 zone

awaiting US data

  Support Resistence
Level 1 1.1105 1.1230-50
Level 2 1.1045 1.1375
Level 3 1.0950 1.1425
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