Forex Trading Library

EURUSD 2015-10-28

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EUR USD

1.1045

Euro managed last week to break below main levels at 1.1085 which activated new drop path toward 1.0815 zone.
market now facing resistance at 1.1070 and 1.1140, as long as market holding daily close below 1.1140 the short-run target will remain toward 1.0815 zone.

zone of 1.1070 – 1.1140 will consider good zone to short-sell market with Stop Loss above 1.1150

Market waiting today Fed Rate Decision which may rise liquidity on market movement, trading range 1.0815 – 1.1150

  Support Resistence
Level 1 1.0995 1.1070
Level 2 1.0960 1.1140
Level 3 1.0850 1.1200
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