Forex Trading Library

EURUSD 2015-10-29

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EUR USD

1.0945

Euro managed to sustain drop after Fed statement yesterday as Dec. hike still on table , while market short-run eyes still toward 1.0815-50 zone.

market managed to obtain rebound correction where zone 1.0940-80 will consider as good zone to re-short (sell) market

short-run resistance at 1.1000, where as long as market holding below this level will expect farther drop toward 1.0815-50 zone

above 1.1000 market may sustain advance toward 1.1050-70 zone

  Support Resistence
Level 1 1.0895 1.0990
Level 2 1.0850 1.1050-70
Level 3 1.0815 1.1140
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