EURUSD 2016-01-12
EUR/USD
1.0850
Market manged at open to advance more above 1.0950 while managed to retreat before testing R1 1.0990
so far market showing support zone at 1.0800-35 , where as long as market holding trades above 1.0800 the chance for farther advance to re-test 1.0990 will sustain
below 1.0800 market will face 1.0710-20 support, while above 1.0990 market will face R2 at 1.01060
Market main resistance zone still at 1.1085 – 1.1135
Support | Resistence | |
Level 1 | 1.0840 | 1.0920 |
Level 2 | 1.0800 | 1.0990 |
Level 3 | 1.0710-20 | 1.1060 |