Forex Trading Library

EURUSD 2017-01-23

0 179

EURUSD managed to hold trades inside our uptrend channel where managed to add more advance above 1.0700 zone

Market facing resistance zone for the channel around 1.0780-1.0800 zone, while support zone still at 1.0560-80

Will expect another drop from 1.0780-1.0800 zone

Above 1.0800 market will face the old resistance 1.0850-75

  Support Resistance
Level 1 1.0690 1.0780-1.0800
Level 2 1.0620 1.0850-75
Level 3 1.0560 1.0950
Leave A Reply

Your email address will not be published.