Forex Trading Library

EURUSD 2016-01-26

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EUR/USD

1.0840

As we see over the chart, market still holding trades inside the expected trading zone while market still holding daily close below 1.0900 zone

market may sustain trading inside this zone for another period of time where resistance at 1.0990 & 1.1060 while support at 1.0775 & 1.0710

as long as market holding trades and daily close below 1.0900 the short-run downtrend pressure may sustain to visit 1.0635 zone

any daily close above 1.0900 will add strength to market to advance more where resistance still at 1.0990 and 1.1060

  Support Resistence
Level 1 1.0775 1.0890
Level 2 1.0710 1.0990
Level 3 1.0640 1.1060
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