Forex Trading Library

EURUSD 2015-12-15

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EUR USD

1.1025

As we see over the chart market seems building rising wedge pattern while so far market couldn’t obtain any daily close above 1.1000 zone yet.

Market closing toward U.S inflation data today while the most important announcement for the year closing tomorrow for U.S rate decision.

market facing resistance zone at 1.1085-1.1140, where as long as market holding trades below this zone will expect another drop toward 1.0800 zone and 1.0650

above 1.1140 market will face resistance level at 1.1200-20 zone

  Support Resistence
Level 1 1.0980 1.1085
Level 2 1.0925 1.1140
Level 3 1.0800 1.1200-20
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