EUR/USD
1.1365
Euro tumbled after ُECB Draghi announced bigger QE
Euro slump after Mr. Draghi announced bigger than expected quantitative easing which placed new drop pressure over Euro for short-run
market managed to rebound this week as market hovering in the oversold zone , while downtrend pressure still affecting market
short-run
as we see over the chart , market managed to obtain rebound correction while market will face resistance zone at 1.1450-80 zone
today Fed statement release may shadow market with the coming movement , where zone of 1.1450-80 would provide good zone to re-short-sell market
above 1.1490 market may head for bigger rebound correction , where above 1.1490 market may hold the coming trading zone between 1.1100 – 1.1780
Daily Trend: Down
Weekly Trend: Down
| Support | Resistence | |
| Level 1 | 1.1325 | 1.1420 |
| Level 2 | 1.1260 | 1.1480 |
| Level 3 | 1.1165 | 1.1650 |