Forex Trading Library

EURUSD 2016-12-08

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market managed to hold trades above support 1.0670-80 which managed to push market again up in another chance to re-test 1.0810-50 resistance zone.

as we see over our previous chart, and as we advised earlier this week

Short Run see resistance at (1.0810-50) where as long as market holding trades below another drop wave will be expected toward (1.0460-80) zone.

Above (1.0860) market may add more advance toward (1.1030) zone

 

  Support Resistance
Level 1 1.0670-80 1.0810-50
Level 2 1.0600 1.0935-50
Level 3 1.0500 1.1030-50
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