Forex Trading Library

EURUSD 2015-12-16

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EUR USD

1.0925

Market managed yesterday to break below support of the rising wedge pattern where managed to hit first target around 1.0925 zone

we still see ability to continue drop movement toward 1.0800 zone as market expect Fed to raise interest rate today

below 1.0790 market may add more drop pressure to head toward 1.0600-50 zone

  Support Resistence
Level 1 1.0900 1.0960
Level 2 1.0790 1.1050
Level 3 1.0650 1.1130
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