EURUSD 2015-01-13

Posted on

EUR/USD

1.1795

EURO on Downward Breakout

Short-run

market managed to sustain drop movement as expected as Euro holds trades below 1.2040

market now showing trading zone where support at 1.1650-90 , while first resistance at 1.2040 zone

short-run still showing downtrend pressure where market managed to hit below 1.1875 zone which indicating the ability for market to head for testing 1.1650-90 zone

as long as market holding trades below 1.2040 expect 1.1650-90 zone

Daily Trend: Down
Weekly Trend: Down

  Support Resistence
Level 1 1.1750 1.2040
Level 2 1.1650-90 1.2105
Level 3 1.1550 1.2160
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