Forex Trading Library

EURUSD 2015-11-19

0 121

EUR USD

1.0695

Market managed to test our support zone 1.0600-25 zone after Fed minutes yesterday while marker spark what may be the start of short-run rebound correction inside 1.0600 – 1.0780 zone

as we see over the chart Euro may build uptrend channel where support zone at 1.0635-55 zone , while as long as market holding trades above 1.0600 we expect another rebound toward 1.0780 levels

below 1.0600 market will add risk for more drop toward 1.0500 zone

  Support Resistence
Level 1 1.0650 1.0720
Level 2 1.0600 1.0780
Level 3 1.0500 1.0835
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