EURUSD 2015-04-02

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Still the range market ; Greece puts a lot of uncertainty


On the short -term the market the market still ranging between 1.07 and 1.08 levels as awaiting a more data to decide the new mid-term direction ; those levels considered critical for short-term traders and keep an eye of those till Tomorrow NFP data . The breakout direction would be the new trend with highest probability downward .

On the longer-term view : the market on the down trend driven by a lot of factors ; moreover , a levels below 1.04s es expected and parity exchange rate would be in the next half of 2015.

Daily Trend: Neutral
Weekly Trend: Down

  Support Resistence
Level 1 1.0717 1.0830
Level 2 1.0649 1.0933
Level 3 1.0550 1.1013


or practice on DEMO ACCOUNT

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