Forex Trading Library

EURUSD 2016-12-28

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as we advised last week and as we see over our previous chart

market managed to sustain drop pressure from our resistance zone 1.0480-1.0530 where closing from first support 1.0415

below this level will expect farther drop toward 1.0350 and 1.0300 zone while our short-run target still toward 1.0260

above 1.0530 the downtrend outlook will be busted

  Support Resistance
Level 1 1.0415 1.0480
Level 2 1.0350 1.0530
Level 3 1.0300 1.0575
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