EURUSD 12th December 2014

EURUSD 12th December 2014

EURUSD

1.2455

EURO on trading zone

As we see over the chart, market managed to jump above resistance zone of 1.2440-60 , which may place the pair inside new trading zone

market may sustain trades inside trading zone between 1.2250 – 1.2600 levels

short-run

as long as market holding trades above 1.2360 expect another advance toward 1.2530 zone , while below 1.2360 expect 1.2270-90 zone

Daily Trend: Down
Weekly Trend: Down

	Support	Resistence
Level 1	1.2360	1.2495
Level 2	1.2290	1.2530-40
Level 3	1.2220	1.2595