EURUSD 2017-01-20

Jan 20, 12:34 pm

as we advised yesterday and as we see over our prevu=ious report

EURUSD still holding trades inside uptrend channel where support zone at 1.0560-80 and resistance zone at 1.0760-80

Will expect farther trades inside this channel while market awaiting President-Elect Trump Speaks

Above 1.0780 Euro will face 1.0850-75 resistance zone

Below 1.0560 market may enter new downtrend wave toward 1.0400

  Support Resistance
Level 1 1.0620 1.0705
Level 2 1.0560 1.0760-80
Level 3 1.0400 1.0850-75
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