EURUSD 2016-08-19
As we mentioned this week
As market managed to break above 1.1235 this week we shifted our view to the uptrend favour toward target 1.1400-25 zone
market facing support at 1.1200-20 zone where as long as market holding above an uptrend course will sustain toward 1.1400-25 zone
market so far holding small trading zone which may sustain up and down movement where market may hit correction toward 1.1250-70 zone before resume up
downtrend risk will be below 1.1150 where another dip toward 1.1045 will be available then
Support | Resistence | |
Level 1 | 1.1250-70 | 1.1400-25 |
Level 2 | 1.1200 | 1.1490 |
Level 3 | 1.1150 | 1.1535 |