Forex Trading Library

EURUSD 2015-09-22

0 150

EURUSD

1.1163

AS we mentioned yesterday, The 1.1250s level was considered the pivotal point below it we have seen, the sell-off generated below that level to be traded at 1.1180s levels.

So, we do see more sell to come as the expected scenario as long as still the market below the 1.13s especially if market cam below 1.1150s levels. As the target for the down trend 1.09/1.08.

However, if the market cam back higher than 1.13s one more time then we will have a small trading range between 1.13 & 1.11.

Finally, we will still to see and keeping our eye on the higher probable scenario which is downside move!

  Support Resistence
Level 1 1.1130 1.1250
Level 2 1.1080 1.1330
Level 3 1.0980 1.1420
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