Forex Trading Library

EURUSD 2016-01-12

0 167

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
Leave A Reply

Your email address will not be published.