Forex Trading Library

EURUSD 2015-11-12

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EUR USD

1.0720

Market went for rebound correction after yesterday break below 1.0705, while market still facing 1.0790 resistance zone

as market holding trades below 1.0790 the downtrend pressure will sustain over short-run where another drop to re-test 1.0605-25 still valid at market

above 1.0790 market may be able to head toward 1.0847-97 zone while med-run downtrend projection still protected by 1.0900 resistance level

  Support Resistence
Level 1 1.0690 1.0790
Level 2 1.0650 1.0845
Level 3 1.0600-25 1.0900
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